United States Steel Corporation (U. S. Steel) has announced the next era of growth in partnership with Nippon Steel, featuring significant capital investments and advanced technology sharing aimed at shaping the future of the American steel industry.
Under a multi-year growth plan, U. S. Steel and Nippon Steel will target approximately USD 14 billion in U.S. growth capital, with USD 11 billion expected to be invested by the end of 2028. The partnership presents a once-in-a-generation opportunity, with the potential to unlock around USD 3 billion in value, including approximately USD 2.5 billion in incremental run-rate EBITDA from capital investments and an additional USD 500 million from operational efficiencies.
Leveraging Nippon Steel’s technological expertise, the companies have identified over 200 initiatives to improve operational efficiency across all business segments. These initiatives aim to deliver cost improvements and fund the next phase of growth.
The collaboration also focuses on world-class technology sharing to enhance product quality, expand premium offerings, and accelerate time to market, positioning U. S. Steel for sustained competitiveness in the global steel industry.