Business / Corporate Aug 20, 2015

Toyota, steel makers agree to cut sheet prices

Toyota Motor Corp. and major steel makers have agreed to lower prices for steel sheet for the April-September period from the previous six months, marking the first price cut in a year, industry sources said Thursday. Toyota and the steel makers, including Nippon Steel & ...

Business / Corporate Jul 23, 2013

Steel maker reaches price hike pact

Kyodo Nippon Steel & Sumitomo Metal Corp. and Toyota Motor Corp. have agreed on a price hike for sheet metal in the April-September period of about ¥10,000 per ton, sources said Tuesday. The markup of roughly 10 percent from the preceding six-month period is the first ...

Steelmaker to halt Kimitsu blast furnace

Business / Corporate Mar 13, 2013

Steelmaker to halt Kimitsu blast furnace

Nippon Steel & Sumitomo Metal Corp. will halt operations at a blast furnace at its iron mill in Kimitsu, Chiba Prefecture, sources said Tuesday. The steelmaker is also considering postponing the start of operations, originally planned for this month, at its newly established furnace in ...