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Nippon Steel will invest approximately $3 billion in Mont Valley Steel Works in Pennsylvania, USA. The investment is part of its plan to invest a total of $11 billion in the US by 2028 to upgrade this 90-year-old production line and equip the plant with hot rolling mills equipped with Nippon Steel's latest technology. When Nippon Steel acquired American Steel in 2025, it promised to invest a total of 11 billion US dollars in American Steel by 2028.
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Nippon Steel will invest approximately $3 billion in Mont Valley Steel Works in Pennsylvania, USA. The investment is part of its plan to invest a total of $11 billion in the US by 2028 to upgrade this 90-year-old production line and equip the plant with hot rolling mills equipped with Nippon Steel's latest technology. When Nippon Steel acquired American Steel in 2025, it promised to invest a total of 11 billion US dollars in American Steel by 2028.
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