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Nippon Steel will acquire US Steel to expand production capacity

Peng Chen, DIGITIMES Asia, Taipei Tuesday 19 December 2023 0

Nippon Steel announces the acquisition of US Steel. Credit: AFP

Nippon Steel Corporation, one of the world's largest steel makers, said on December 18 that it would buy the United States Steel Corporation for about US$14.9 billion. The purchase will help the Japan-based company increase production capacity in the...

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