Commerce Secretary Lutnick touts Nippon Steel investments in Mon Valley Works

Nearly a year after U.S. Steel completed its long-awaited sale to Japan-based Nippon Steel, the company projected that its $2.5 billion investment in Mon Valley Works would generate $1.7 billion in economic impact across Pennsylvania. U.S. Secretary of Commerce Howard Lutnick celebrated th..

https://triblive.com/local/commerce-secretary-lutnick-touts-nippon-steel-investments-in-mon-valley-works/

#TopNews #News #USSteel #MonValleyWorks #Lutnick

Suddenly, #Republicans announcing US markets have been in "correction mode" since October 2025.

Yet another lie from the #CNBC #Squawkbox bordello.

US markets have been in correction mode since #Covid19 laid waste to the 20th century demand for #oil and #USsteel was sold to #Japan. The United States is grinding through the largest energy transition since coal moved to oil in 1900.
#covid
Republicans will take any data and corrupt the truth in ways that history always rejects.
#NoKings

Nippon Steel says it has raised ¥600 billion from an upsize sale of convertible bonds — the biggest Japanese offering of its kind — to help repay loans taken out for its acquisition of United States Steel. https://www.japantimes.co.jp/business/2026/02/25/companies/nippon-steel-bond-sales/?utm_medium=Social&utm_source=mastodon #business #companies #nipponsteel #bonds #ussteel #steel #investments
Nippon Steel raises ¥600 billion from bonds to repay U.S. Steel loans

Half of the bonds, which can be converted into stock, are set to mature in 2029, and the remainder, in 2031, according to a filing to the Finance Ministry.

The Japan Times
A top official at Nippon Steel said a supply glut driven by surging Chinese exports may finally be nearing an end, a shift that could pave the way for a recovery in Asian markets. https://www.japantimes.co.jp/business/2026/02/20/companies/nippon-steel-china-exports/?utm_medium=Social&utm_source=mastodon #business #companies #nipponsteel #steel #china #ussteel
Nippon Steel executive sees China-driven supply glut nearing end

Exporters in China were increasingly struggling to generate profits from overseas sales as the regional market had become oversupplied, Nippon Steel’s CFO said.

The Japan Times

World's Fair night views. General view, U.S. Steel and General Electric 1939 June 24.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.

#World #USSteel #GeneralElectric #Gottscho-Schleisner #NewYorkWorlds #Exhibitions #NewYork #NewYork(State) #UnitedStates #architecture #photography

https://www.loc.gov/item/2018722418/

World's Fair night views. U.S. Steel and reflections, overhang, and Petroleum Building 1939 May 24.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.

#World #USSteel #PetroleumBuilding #Gottscho-Schleisner #UNITED #Exhibitions #NewYork #NewYork(State) #UnitedStates #architecture #photography

https://www.loc.gov/item/2018722393/

World's Fair night views. U.S. Steel and reflections III 1939 May 24.
Gottscho-Schleisner, Inc.
1 negative : safety ; 4x5 in.

#World #USSteel #Gottscho-Schleisner #UnitedStatesSteel #WorldsFairs #Exhibitions #NewYork #NewYork(State) #UnitedStates #architecture #photography

https://www.loc.gov/item/2018722392/

Nippon Steel plans to invest ¥6 trillion over the next five years, including in U.S. Steel, which was acquired by the Japanese steelmaker in June. https://www.japantimes.co.jp/business/2025/12/12/companies/nippon-steel-6-trillion-invest/?utm_medium=Social&utm_source=mastodon #business #companies #nipponsteel #ussteel #steel
Nippon Steel to invest ¥6 trillion over five years to fiscal 2030

The new plan sets overseas business as the core of growth amid a prolonged steel market slump caused by falling demand in Japan.

The Japan Times
Japan’s largest steel producer will shortlist two or three states for construction of a major new plant in the U.S. and make a final decision on its location in early 2027. https://www.japantimes.co.jp/business/2025/12/02/companies/nippon-steel-interview-us-plant/?utm_medium=Social&utm_source=mastodon #business #companies #nipponsteel #ussteel #takahiromori
Nippon Steel to shortlist two or three states for new U.S. plant

Japan’s largest steel producer is seeking a site capable of supporting a plant with 3 million tons of annual capacity.

The Japan Times