By 2024, US Steel will reach peak capex, and after that US Steel's mini mill steelmaking segment will be on a target to reach through-cycle $1 billion of free cash flow by 2026.

Source: https://seekingalpha.com/article/4594129-united-states-steel-primed-to-move-higher-as-capital-cycle-reduces?source=feed_all_articles

Shares of US Steel surged after the announcement on Monday, while Nippon’s fell on concerns that the company had overpaid to acquire a company that has long been seen as underperforming.

Source: https://indianexpress.com/article/explained/explained-global/why-the-white-house-is-opposing-japan-firms-bid-to-acquire-us-steelmaker-9079196/