Business Mar 3, 2016

U.S. slaps duties on cold-rolled steel from Japan and other nations

The U.S. Department of Commerce has preliminarily decided to impose antidumping duties on imports of cold-rolled steel products from Japan and six other countries after determining that several companies sold the products at less than fair value, the department said in a statement. The products ...

Business / Corporate Oct 29, 2015

Japan's top steel mills slash profit forecasts on China glut

Nippon Steel & Sumitomo Metal Corp. and JFE Holdings Inc. cut their profit forecasts for the year as the nation's top two producers respond to a global supply glut spurred by unprecedented Chinese exports. Japan's steel companies are battling against falling prices on export markets, ...

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 & ...