# Nippon Steel to invest $14B in U.S. Steel, including new electric arc furnace

Nippon Steel will invest $14 billion in U.S. Steel, including building a new electric arc furnace in the U.S. and $2.4 billion for Pittsburgh-area facilities, as part of a revised deal that gives the U.S. government a golden share and guarantees an American CEO and board majority.

- Type: Investment
- Announced: 2025-05-27
- Where: United States (specific site for new furnace not named), United States
- Value: $14.0B
- Status: announced
- Products: steel, electric arc furnace steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [U.S. Steel](https://endata.com/companies/15752.md)
- [Nippon Steel](https://endata.com/companies/7455.md) (investor)

## Sources

- [fortune.com](https://fortune.com/2025/05/27/us-steel-nippon-deal-american-ceo-majority-board-golden-share-government/), 2025-05-27: "That $14 billion investment involves building a new electric arc furnace — a more modern steel mill that melts down scrap — somewhere in the U.S."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.