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September 19, 2025
 

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STEEL

U.S. President Donald Trump at Granite City Works in Illinois in 2018. U.S. Steel, the owner of the plant, was acquired by Nippon Steel earlier this year.
BUSINESS / Companies
Sep 10, 2025
U.S. Steel’s Granite City Works to cease steel slab processing: report
The production decision comes just three months after the acquisition by Nippon Steel.
Nippon Steel has dropped a civil lawsuit filed in the United States related to its acquisition of United States Steel after a successful settling of the takeover deal.
BUSINESS / Companies
Sep 4, 2025
Nippon Steel drops civil lawsuit related to U.S. Steel buyout
The Japanese steelmaker had sued U.S. peer Cleveland-Cliffs, its CEO, and the head of a steel union over what it alleged were illegal acts to prevent the buyout.
To critics, the White House move to invest in chipmaker Intel threatens the U.S. business world's nimbleness.
BUSINESS / Markets
Aug 26, 2025
Trump wants more deals such as Intel's, worrying business community
The approach upends a decades-old view of the U.S. economy, in which the government only took corporate stakes in rare emergencies.
Exports fell 2.6% in value in July from a year earlier, posting the biggest downturn since February 2021, led by cars, auto parts and steel.
BUSINESS / Economy
Aug 20, 2025
Japan’s exports tumble most in four years as U.S. tariff pain intensifies
Exports fell 2.6% in value from a year earlier, sliding more than the median forecast of a 2.1% decline, the Finance Ministry has reported.
Trucks heading toward the Jianxiawo lithium mine, in Yichun, Jiangxi province, China. The U.S. government said it will increase scrutiny of lithium, steel and other materials imported from China.
BUSINESS / Markets
Aug 20, 2025
U.S. targets Chinese steel and lithium for forced-labor scrutiny
The move fits within Trump's trade goals and previous government action against alleged forced labor in China.
Steel exports from China, the world’s largest producer, have surged this year, weighing on prices.
BUSINESS
Aug 13, 2025
Japan starts anti-dumping probe into Chinese and South Korean steel goods
The investigation will probe flows of hot-dipped galvanized coil, sheet and strip, the trade and finance ministries said.
Ambulances are seen outside U.S. Steel's Clairton Coke Works following explosions at the plant in Clairton, Pennsylvania, on Monday.
BUSINESS / Companies
Aug 12, 2025
Two dead, 10 hospitalized after Pennsylvania steel plant explosions
The incident at U.S. Steel's Clairton Coke Works happened at around 11 a.m. on Monday.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ¥195.8 billion for the fiscal first quarter, against the year-before profit of ¥157.5 billion.
Nippon Steel had pledged to ensure that more than half of members of the U.S. Steel board are American citizens.
BUSINESS / Companies
Jul 31, 2025
Nippon Steel names three American directors to U.S. Steel board
The move fulfills a pledge that the Japanese steelmaker made under a national security agreement reached with the U.S. government.
Prime Minister Shigeru Ishiba and Chief Cabinet Secretary Yoshimasa Hayashi (right) meet with Nippon Steel Chairman and CEO Eiji Hashimoto (center), President and Chief Operating Officer Tadashi Imai (second from left), and Vice Chairman and Executive Vice Present Takahiro Mori (left) at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Companies
Jul 2, 2025
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
PM Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs.
U.S. President Donald Trump receives a gold helmet with his name on it during a visit to U.S. Steel in West Mifflin, Pennsylvania.
BUSINESS / Companies
Jun 27, 2025
Trump himself will wield U.S. Steel ‘golden share’ superpowers
After the U.S. president leaves office, the authority will move to executive branch departments.
Ryosei Akazawa, Japan’s chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel "golden share" has been suggested.
An electric motor, jointly developed by Honda and Daido Steel, for hybrid cars that uses no heavy rare earth metals is displayed at an unveiling in Tokyo in July 2016.
BUSINESS / Companies
Jun 23, 2025
Honda supplier rethinks China relationship as trade war bites
For Daido Steel, the trade war has meant renewing a push to build rare earth supply routes outside of China.
Nippon Steel Chairman and CEO Eiji Hashimoto (left) and Nippon Steel Vice Chairman and Executive Vice President Takahiro Mori. The Japanese company is still undecided about a civil suit filed against a U.S. competitor.
BUSINESS / Companies
Jun 20, 2025
Nippon Steel drops lawsuit against U.S. government after acquiring U.S. Steel
The Japanese company had challenged the legality of U.S. President Joe Biden's rejection of the acquisition.
Nippon Steel Chairman and CEO Eiji Hashimoto leaves a news conference, at which he discussed the acquisition of United States Steel, on Thursday
BUSINESS / Companies
Jun 19, 2025
Nippon Steel completes U.S. Steel acquisition after 18-month slog
The firm now owns all the stock of the American steel-maker, other than a "golden share" that gives the U.S. government a degree of control
A Nippon Steel facility in Kashima, Ibaraki prefecture on Dec. 6, 2024
BUSINESS / Companies
Jun 19, 2025
Nippon Steel closes acquisition of U.S. Steel to end 18-month saga
The controversial deal weathered two presidential administrations, union opposition, an expensive lobbying campaign and two U.S. security panel reviews.
U.S. President Donald Trump’s reversal on the Nippon Steel deal creates a "win-win-win-win" situation benefiting both companies, the U.S. economy, and the Japan-U.S. alliance, but the golden share raises concerns about increased government control.
COMMENTARY / Japan
Jun 17, 2025
Nippon Steel deal signals a win for the U.S. economy and Japan alliance
Last week, Trump lifted the Biden block, saying that the acquisition could go forward if the two companies signed a national security agreement with the U.S. government.
Nippon Steel is buying United States Steel in a deal that gives the U.S. government a golden share in the U.S. steelmaker.
BUSINESS / Companies
Jun 16, 2025
Nippon Steel may have gotten the deal it wanted all along
The Japanese company has already committed to heavy investment in U.S. Steel and a U.S.-controlled board of directors at the American steelmaker.
U.S. government's "golden share" in U.S. Steel will require the company to obtain approval from the U.S. president before relocating its headquarters from Pittsburgh or changing its name, U.S. Commerce Secretary Howard Lutnick said Saturday.
BUSINESS / Companies
Jun 15, 2025
'Golden share' to help U.S. Steel keep name and prevent relocation
The move will also prevent Nippon Steel from transferring production or jobs outside the U.S. without consent of the U.S. president.
A production line at a plate rolling mill is seen at Nippon Steel's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, last month.
BUSINESS / Companies / FOCUS
Jun 14, 2025
Debt to decarbonization: challenges for Nippon Steel
The Japanese giant faces numerous headwinds going forward, including onerous U.S. trade tariffs and lackluster global demand.
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
A high-end property in the fashionable Daikanyama district in Tokyo
Japan dispatches five language education 'partners' to India
Five members of the Japan Foundation's Nihongo Partners program (front) gather at the Japanese Embassy in New Delhi on Monday.
End of U.S. de minimis exemption causes headaches for some businesses in Japan
Proxy-shopping services — companies that ship Japanese products ranging from cosmetics and snacks to limited-edition stationery on behalf of customers abroad — are already feeling the impact of the U.S. suspending de minimis exemptions.
Over 90% of low-income families in Japan struggling to feed children
Save the Children Japan domestic program chief Sonoko Kawakami speaks at a news conference in Tokyo in July. A survey conducted by the group in June has found that over 90% of low-income households with children face food insecurity.
Struggling train firm in Chiba Prefecture turns to self-deprecating humor
"Laughter is important when you're in a difficult situation," said Katsunori Takemoto, president of Choshi Electric Railway, on Aug. 5 in Choshi, Chiba Prefecture.
Japan’s front-line researchers see bright path ahead for dementia treatment
A scientist looks at scans of grains at the Memory Centre at the Department of Readaptation and Geriatrics of the University Hospital (HUG) in Geneva, Switzerland, on June 6, 2023.
Still plenty to fight for, says Japan’s team leader at worlds
Race walker Hayato Katsuki earned bronze for Japan on the opening day of the World Athletics Championships on Saturday.
Wealthy foreign nationals picking up ultimate souvenir — a condo in Tokyo
A high-end property in the fashionable Daikanyama district in Tokyo
Japanese athletes inspired by raucous home fans at World Athletics Championships
Fans cheer on the home favorites during the women's marathon at the World Athletics Championships in Tokyo on Sunday.
Japan's major art events converge this fall
Shinji Ohmaki’s “Tokinokage” exhibited at Fuji Textile Week 2021 shows the use of fabric as art.

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