Nippon Steel is set to invest a total of $11 billion in expanding its U.S. steel operations, with key projects including a $3.1 billion overhaul of U.S. Steel's largest blast furnace in Indiana scheduled for completion in 2026 and a $4 billion investment to build a new electric arc furnace mill in the United States. The company anticipates that the profit contribution from its U.S. steel business could exceed 250 billion yen starting from fiscal year 2028. Nippon Steel's Vice Chairman Mori indicated that the full impact of these investments will begin to materialize after 2028, marking a strategic expansion of the company's footprint in the U.S. steel industry.