www.bloomberg.com
Nippon Steel, Japan’s leading steelmaker, is planning a large-scale US plant and will narrow down potential locations to two or three states. The company is currently evaluating various factors to determine the optimal site. A final decision on the plant’s location is expected to be made by early 2027, marking a significant investment and expansion of Nippon Steel’s presence in the US market. The new plant will likely boost domestic steel production and create jobs in the chosen state.
