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14 December 2024

Nippon Steel to invest ¥80bn in power plants

Nippon Steel to invest ¥80bn in power plants. (AP)

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By Staff Writer

Nippon Steel Corp, Japan's largest steelmaker, and its two utility partners will spend about ¥80 billion (Dh3.2bn, $882 million) on power plants in Japan to save energy costs. The power plants will be built at three locations in Japan, Masato Suzuki, a spokesman for Nippon Steel, said yesterday by telephone.