Nippon zeroes in on site for US steel plant: Report

Nippon Steel said it hopes to pare down a list of sites by next summer and make a final decision by the end of 2026 for a new U.S. Steel plant in the United States, according to a report posted on Nippon.com on Dec. 2.

The Japanese steelmaker plans to build two EAFs at a cost of ~$4 billion, with a combined capacity of 3 million tons of crude steel, Takahiro Mori, vice chairman of Nippon, said in a recent interview, the article reported.

Ethan Bernard

Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

Ethan Bernard

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