NEW YORK — This week’s fatal explosion at a U.S. Steel facility is testing Nippon Steel’s management two months after it acquired the company, bringing the risk of costs increases on top of $11 billion in planned American investments over the next few years.
Fatal accident underscores need to update aging facilities
Nippon Steel pledged $11 billion in U.S. investment by 2028 as part of its deal to acquire U.S. Steel. © AP
AZUSA KAWAKAMI
August 16, 2025 00:44 JST
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