Nippon Steel to Invest ¥6 Trillion over 5 Years to FY2030

Nippon Steel to Invest ¥6 Trillion over 5 Years to FY2030

TOKYO (Jiji Press) — Nippon Steel Corp. plans to invest ¥6 trillion in facilities and business in fiscal 2026-2030, including in United States Steel Corp., which was acquired by the Japanese steelmaker in June, according to its new management plan released Friday.

Nippon Steel Targets Nearly 6 Trillion Yen in Global Investments Over Next Five Years

Japanese steelmaker Nippon Steel Corp. announced that it plans to invest approximately 6 trillion yen (about 39 billion USD) globally over the next five years. According to the company statement, the goal is to strengthen its competitive position in international markets by expanding both domestic and overseas investments. As part of this strategy, Nippon Steel will allocate nearly 6 trillion yen over the five-year period to various projects wor…