U.S. Steel to invest $11 bil. by 2028 in new Nippon Steel capital plan

United States Steel Corp., the wholly owned unit of leading Japanese steelmaker Nippon Steel Corp., said Tuesday it will invest $11 billion domestically by the end of 2028 to drive growth under a new capital relationship.U.S. Steel, which was acquired by Nippon Steel in June, envisions a roughly $14 billion multiyear investment target that will include significant capital inflows and "world-class" technology sharing.The steelmaker also plans to "protect and create" more than 100,000 jobs by modernizing manufacturing processes and expanding research and development, among other steps.The int…READ FULL ARTICLE