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Nippon Steel plans $6 billion investment in its Japanese mills
japantimes.co.jp/business/2025/05/30/companies/nippon-steel-investment-electric-arc-furnaces
Nippon Steel, the Japanese company embroiled in a lengthy battle to buy U.S. Steel, said it plans to spend ¥869 billion ($6 billion) at home to expand output from cleaner furnaces.
The investments in electric arc furnaces — which use scrap metal as a raw material — will be spread across…
This story appeared on japantimes.co.jp, 2025-05-30 05:51:00.