Nippon Steel commits to job preservation and decarbonization investment at Košice steelworks

Nippon Steel has pledged to maintain all jobs at the Košice steelworks in Slovakia, with a state agreement on significant investment in decarbonization. This signals a strategic commitment to the facility's future, likely tied to EU carbon regulations and competitive positioning. The scale of investment and timeline remain unspecified, and the deal's impact on regional employment and steel output is yet to be detailed.