U.S. Steel Expects $2.3 Billion in Capex for 2022, Including Spending on New Mini Mill

SUGAR LAND--November 1, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--United States Steel Corporation (NYSE:X) (Pittsburgh, Pennsylvania) expects its capital expenditures (capex) to amount to about $2.3 billion, with the lion's share of the spending earmarked for strategic investments such as a new mini mill. In comparison, this year's capex is expected to be around $800 million.

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