Masumi Suga

For Masumi Suga's latest contributions to The Japan Times, see below:

Steel king NSSMC cedes crown to Arcelor as yen soars

Aug 5, 2016

Steel king NSSMC cedes crown to Arcelor as yen soars

Japan’s biggest steel maker is top of the pile no more, as a resurgent yen hands a competitive advantage to overseas rivals amid an unprecedented global glut. Nippon Steel & Sumitomo Metal Corp. has been overtaken as the world’s most valuable producer by Europe’s ...

Aug 11, 2015

Mitsui, GE sign cost-cutting mining pact as prices tumble

Mitsui & Co., Japan’s largest trader of iron ore and oil, will partner with General Electric Co. in exploring ways to cut costs on mining operations amid the decline in commodity prices. The initial accord will also study potential cooperation on increasing efficiencies and ...

Sep 30, 2014

Volcanoes may be next obstacle for Japan's atomic power industry

The deadly volcanic eruption of Mount Ontake over the weekend may strengthen the argument of activists campaigning to keep the country’s 48 reactors shut. Japan’s atomic plants are offline for safety checks as a result of the earthquake and tsunami that caused the meltdown ...

Hitachi CEO open to deeper ties, merger talks with Mitsubishi Heavy

Jul 25, 2014

Hitachi CEO open to deeper ties, merger talks with Mitsubishi Heavy

Hitachi Ltd.’s chief executive officer said he’s open to deeper ties, which could include merger talks, with Mitsubishi Heavy Industries Ltd., after the equipment makers failed in their bid for Alstom SA’s power business. “We’ve built a relationship with them to talk frankly” about ...

Kawasaki to take on Korean rivals with LNG tankers made in China

Jun 25, 2014

Kawasaki to take on Korean rivals with LNG tankers made in China

Shipbuilder Kawasaki Heavy Industries Ltd. plans to construct gas carriers abroad as it strives to lower costs and take back market share from Korean rivals. At present currency levels, the company’s Chinese ventures are more cost competitive than Korean shipyards, Akio Murakami, head of ...