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Officials say Nippon Steel investment will bring at least $660 million to Fairfield Works
Summary
Commission leadership announced a new investment combining Nippon Steel and U.S. Steel at Fairfield Works that the speaker said would total at least $660 million; the commission noted prior incentives for an electric arc furnace and said larger projects remain under consideration.
The Commission President announced that Nippon Steel has made a significant investment in U.S. Steel that will fund a renovation at Fairfield Works worth at least $660 million.
"Nippon Steel and US Steel have gone together, and Nippon has made a significant investment in US Steel. And the direct result of that is going to be a…
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