Tag - nippon-steel

 
 

NIPPON STEEL

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.
Japan Times
BUSINESS
May 10, 2022
Nippon Steel reveals plans to deliver 'carbon neutral' steel
The company said it will initially supply 700,000 metric tons of steel that would not emit carbon dioxide in the manufacturing process
Japan Times
BUSINESS / Companies
Feb 25, 2022
Russia-Ukraine conflict pushes Nippon Steel to tap alternative sources of iron ore
About 14% of Nippon Steel's iron ore pellet feedstock currently comes from Russia and Ukraine, Takahiro Mori, the firm's executive vice president, said in an interview.
Japan Times
BUSINESS / Companies
Feb 17, 2022
Nippon Steel to seek ¥2 trillion in state funds for 'net-zero' goal amid China rivalry
Chinese rivals, able to take advantage of massive funding from their own government, will be a greater threat to Japanese producers, the firm's managing executive officer warns.
Japan Times
BUSINESS / Companies
Nov 30, 2021
Japan’s steel giant is set to win price hikes as metal rallies
Nippon Steel Corp. executives have been increasingly vocal in seeking better terms for domestic contract prices to bridge the gap with international prices.
Japan Times
BUSINESS / Companies
Aug 31, 2021
Nippon Steel riding Beijing policy tailwind to record profit
China's push to reduce carbon emissions is providing a tailwind for steel producers worldwide as it limits output from the country and pushes down the cost of key ingredient iron ore.
Japan Times
BUSINESS / Companies
Jun 4, 2021
Nippon Steel says higher prices needed to guarantee supply
A huge gap has been created between international and domestic steel prices, and Nippon Steel Corp. risks falling behind, the firm's executive vice president, Takahiro Mori, has said.
BUSINESS / Companies
May 14, 2021
India’s virus crisis impacting Japanese firms, clouding short-term outlook
One of the hardest-hit companies is Suzuki Motor Corp., which relies heavily on the Indian market with its Maruti Suzuki India subsidiary.
Japan Times
COMMENTARY / Japan
Mar 26, 2021
Japan misses the bus on decarbonization
Japan has a choice: It can be a passive spectator or an active innovator in the global shift to decarbonized industrial production.
Japan Times
BUSINESS / Companies
Mar 2, 2021
Japanese steel giant shifts to recycled metal in green race
Taking steps toward decarbonization is one of the pillars of Nippon Steel's mid-term business plan starting April, the firm said.
Japan Times
BUSINESS / Companies
Dec 7, 2020
Giant Japanese steel mill signals pandemic recovery taking root
In the last two weeks, Nippon Steel has announced plans to reopen at least three blast furnaces as demand for steel recovers.
Japan Times
BUSINESS / Companies
Oct 21, 2020
Japan’s oldest mill turns to cleaner steel to take on China
Japan’s oldest steel mill is venturing into recycling the industrial metal to tackle climate change and survive a race with Chinese mills.
BUSINESS / Companies
Aug 28, 2020
Nippon Steel warns that China is set to tighten grip on market
Japanese makers are facing increased competition on steel quality as well as price as Chinese mills seek to catch up on technology.
JAPAN / Crime & Legal
Aug 7, 2020
Nippon Steel appeals South Korean court-ordered asset seizure
The Japanese government fears the judicial action will further inflame shaky bilateral relations and could set a dangerous precedent.
Japan Times
BUSINESS / Companies
Aug 4, 2020
Japan’s steel woes set to be laid bare as top mills give updates
The coronavirus pandemic has seen steel mills across the country reduce or halt production.
BUSINESS / Companies
Jan 31, 2020
Nippon Steel may idle Hiroshima furnaces, cutting its Japan production 10%
Nippon Steel Corp. is considering idling two blast furnaces at a subsidiary in Hiroshima Prefecture, according to sources familiar with the matter.
Japan Times
BUSINESS
Aug 5, 2019
Highlighting industry's troubles, Kobe Steel's shares take huge hit
Kobe Steel Ltd. tumbled as much as 13 percent in Tokyo to hit the lowest level in almost seven years after Japan's third-biggest steelmaker swung to a first-quarter loss and warned that full-year profit will collapse.
Japan Times
BUSINESS / Companies
May 31, 2019
Nippon Steel's reinvention of its namesake metal could make car bodies 30% lighter
Imagine the weight of 24 elephants bearing down on a tiny spot the size of a postage stamp.
Japan Times
BUSINESS
Mar 2, 2018
Stocks plunge as Trump says U.S. will impose 25% tariffs on steel, 10% on aluminum imports
U.S. President Donald Trump said on Thursday the United States would impose tariffs of 25 percent on steel imports and 10 percent on imported aluminum next week.

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