What profit forecast did Nippon Steel's Vice Chairman Takahiro Mori give for U.S. Steel in the current year, and what long-term annual profit range did he project?

Mori stated, 'We are confident that U.S. Steel will be able to post profits in excess of 100 billion yen ($624 million) this year,' and added that U.S. Steel would generate an annual profit of 300 billion yen to 400 billion yen in the long run.

What key operational and strategic actions is Nippon Steel taking to enhance U.S. Steel’s performance following the $14.9 billion acquisition?

To boost U.S. Steel’s performance, Nippon Steel resumed an idled Illinois blast furnace in March and is now running it at full capacity; deployed about 100 staff from Japan to work on 260 operational improvement initiatives; secured board approval for roughly one-third of its pledged $11 billion investment package through 2028; and expects returns from these investments to grow to $3 billion a year by 2035.

Nippon Steel sees strong American market lifting US Steel earnings

Jun 17, 2026

Nippon Steel expects U.S. Steel earnings to surpass forecasts due to buoyant American demand and high steel prices exceeding $1,200 per metric ton post-acquisition. The firm plans significant investments to boost yields and targets a fivefold increase in overseas profits by 2030.

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