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April 26, 2025
 

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NIPPON STEEL

Nippon Steel's plant in Kamisu, Ibaraki Prefecture. The firm submitted a cash offer to acquire U.S. Steel for $55 a share on Dec. 16.
BUSINESS / Companies
Jan 25, 2024
Sweetened offer in final hours clinched U.S. steel deal for Nippon
Nippon Steel executives submitted a sweetened cash offer to acquire the Pittsburgh-based company for $55 (¥8,120) a share on Dec. 16.
U.S. Steel’s agreement to sell itself to the Japanese steel-maker has turned into a political football, with key politicians and opponents of the deal seizing on the union’s claims that U.S. Steel didn’t comply with the labor agreement.
BUSINESS / Companies
Jan 7, 2024
U.S. Steel denies breach of labor agreements in Nippon deal
The Pittsburgh-based manufacturer said it repeatedly reached out to the United Steelworkers during the company’s strategic review before the sale.
The entrance lobby of Accor's Mercure Tokyo Hibiya, which recently opened in the capital
BUSINESS / Companies
Jan 2, 2024
Backed by tourism potential, hotels keen to cultivate Japanese market
Because Japan was slow to reopen its borders, there appears to be robust, pent-up demand to visit the country.
A U.S. Steel coke works in Clairton, Pennsylvania
EDITORIALS
Dec 22, 2023
A steel deal that’s good for Japan and the U.S.
Nippon Steel’s announcement that it plans to purchase U.S. Steel has triggered an uproar in the United States.
The U.S. Steel Clairton Coke Works in Clairton, Pennsylvania. U.S. President Joe Biden's top economic advisor said the purchase of the firm by Nippon Steel deserves serious scrutiny, in the latest sign of political pressure over the deal.
BUSINESS / Companies
Dec 22, 2023
Nippon-U.S. Steel deal deserves 'serious scrutiny,' White House says
The White House said it views a strong domestic steel industry as vital to the U.S. economy and national security.
United States Steel's Irvin Plant along the banks of the Monongahela River across from Glassport, Pennsylvania, in August
BUSINESS / Companies
Dec 19, 2023
Nippon Steel defends buying U.S. Steel at premium in global push
The American steelmaker has been considering potential transactions since mid-August, after rejecting an offer from rival Cleveland-Cliffs.
Nippon Steel has dropped lawsuits against Toyota and Mitsui & Co. over electrical steel sheet patents.
BUSINESS / Companies
Nov 3, 2023
Nippon Steel drops patent lawsuits against Toyota and Mitsui
Having two of Japan's manufacturing giants locked in a rare court battle signified the high stakes involved in materials production.
BUSINESS
Jun 12, 2023
Major Japanese steelmakers face high bar for decarbonization
Carbon dioxide emissions from the steel industry account for roughly 50% of the total from the domestic industry sector.
Japan Times
BUSINESS
Mar 4, 2023
Toyota and Nippon Steel agree on price hike for first half of fiscal year
Under the agreement, the prices of steel materials that Toyota will supply to affiliated parts suppliers is expected to increase by about ¥10,000 per ton.
BUSINESS
Mar 3, 2023
Japan’s top steelmaker eyes $700 million ‘green steel’ project
Nippon Steel is looking at Australia and Brazil, where high-grade iron ore is accessible along with cheaper electricity than in Japan, for its new plan.
Japan Times
BUSINESS / Companies
Dec 6, 2022
Nippon Steel and JFE may further boost output of niche steel for electric vehicles
Electrical steels have enhanced magnetic properties and help limit energy loss in EV motors, and are also used in power-generation equipment and mobile phones.
Japan Times
BUSINESS / Companies
Nov 25, 2022
Nippon Steel eyes more stakes in coking coal mines to secure stable supply
The steelmaker says sanctions on Russia over the invasion of Ukraine have squeezed an already-tight supply of commodities such as metallurgical coal.
Japan Times
BUSINESS / Economy
Sep 27, 2022
50 years on, Japan-China ties shift from cooperation to competition
Not just in steel-making, Japanese companies are increasingly lagging behind Chinese counterparts also in shipbuilding and home electronics manufacturing.
Japan Times
BUSINESS / Companies
Sep 2, 2022
Steel price hikes to impact Japan’s manufacturers as costs surge
The latest round of price negotiations in Japan comes as the global market takes a hit from the slump in China, which makes more than half of the world's steel.
Japan Times
BUSINESS / Companies
Jul 20, 2022
Nippon Steel buys LNG at highest price ever paid in Japan
Resource-poor Japan faces a historic energy security risk as tensions with Moscow intensify, heightening the threat of gas supply disruptions.
Japan Times
BUSINESS / Companies
Jun 21, 2022
Surging energy prices force Japanese steel giant to revisit coal
Nippon Steel's potential move to bolster its upstream presence underscores how inflation is making companies prioritize their short-term operational needs over longer-term emissions goals.
Japan Times
BUSINESS / Companies
May 27, 2022
Japan steel giant warns more hikes coming for cars and appliances
Nippon Steel will need to pass on the sharp cost increases for inputs such as iron ore and coking coal 'promptly and fairly,” an executive has said.
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Japan brings forward deadline for electronic travel authorization system
Japan is planning to implement by March 2029 a new online screening system in which foreign visitors who don’t need a visa apply for a certification before entering the country.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Tokyo prices rise most in two years, backing central bank's hike path
Consumer prices excluding fresh food in Tokyo gained 3.4% in April from a year earlier, as a mixture of impacts from last year’s school fee cuts and higher food and energy costs accelerated inflation, according to the internal affairs ministry.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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