Oct 22 (Reuters) – Nippon Steel will invest about $3 billion in the U.S. Steel-operated Mon Valley works in Pennsylvania, the Nikkei newspaper reported on Thursday.
The Japanese steelmaker’s investment in its US unit’s plant will be focused on a hot-rolling facility, the report said.
(Reporting by Nichiket Sunil in Bengaluru; Editing by Vijay Kishore)
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