Nippon Steel Announces Plan to Upgrade US Steel Plants

URLhttps://www.industryweek.com/news/article/55137258
SourceIndustry Week
Date Published09/03/2024
Author NameRyan Secard

Additional Reshoring Information:

Company/Division name Nippon Steel Co.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Year reshoring announced:2024
Year reshoring implemented or to be implemented:2026
Domestically, the work will be done:In-house
Capital investment ($):1500
Country(ies) from which reshored:Japan
City reshored to:Pittsburgh
State(s) reshored to:PA
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredsteel
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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