Tag - steel

 
 

STEEL

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 / ANALYSIS
Mar 28, 2023
Recycling offers hope to safeguard net zero goals despite soaring metal demand
Concerns are currently growing about the environmental impacts of mining and producing metals required for clean technologies, from damage to biodiversity to rising emissions.
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
Dec 27, 2022
Modi’s building boom setting up India as global steel savior
Poised to overtake China as the world's most populous country next year, India is in the midst of a building boom.
Japan Times
BUSINESS / Economy
Dec 10, 2022
WTO says Trump’s metals tariffs broke rules as U.S. rejects findings
The 25% tariffs on global steel imports and 10% import taxes on global aluminum violated basic WTO rules, a dispute-settlement panel said.
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
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
Aug 29, 2022
JFE may build electric arc furnace to replace older facility in western Japan
The move comes as steel-makers around the world are under pressure to cut emissions to tackle climate change.
Japan Times
BUSINESS / Markets
Jun 7, 2022
Biden’s trade plan to kickstart U.S. solar fails to win over industry
The president is facing challenges when it comes to supporting domestic manufacturers without alienating the companies that rely on low-cost imports.
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 16, 2022
Weaker yen and supply chain chaos prompt Japanese manufacturers to head home
Among those moving manufacturing to Japan are makers of everything from auto parts to cosmetics and consumer electronics, a Tokyo Steel Manufacturing Co. executive has said.
Japan Times
BUSINESS
Apr 14, 2022
Japanese steel-makers raising prices and warning of more hikes
The prices of the two main inputs for steel production — iron ore and coal — have risen as Russia's invasion of Ukraine exacerbated supply shortages.
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 / Economy
Feb 8, 2022
U.S. and Japan reach an agreement to remove Trump-era steel tariffs
The new deal will take effect on April 1 and requires Japan to take 'concrete steps' to fight global excess steel manufacturing capacity, largely centered in China.
Japan Times
BUSINESS / Economy
Feb 1, 2022
Japan's U.S. ambassador calls talks on easing metals tariffs 'robust'
Koji Tomita said the U.S.-EU quota agreement that is now allowing some steel and aluminum into the United States duty free is a template for the talks.
Japan Times
BUSINESS / Economy
Dec 14, 2021
U.S. pitches truce to Japan over Trump-era steel and aluminum tariffs
The proposed truce comes as the Biden administration aims to sign what could prove a 'very powerful” economic framework agreement with Asian nations.
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.

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