Nippon Steel to invest $6 billion in its Japanese mills

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Nippon Steel (OTCPK:NPSCY) (OTCPK:NISTF), the Japanese firm locked in a prolonged battle to acquire U.S. Steel (X), announced plans on Friday to invest 869 billion yen ($6 billion) domestically to boost production using cleaner furnace technology.

The company said the

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