Tag - steel

 
 

STEEL

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.
Japan Times
BUSINESS
Aug 18, 2021
Green-push dilemma: China's steel curbs could cripple price-control efforts
Analysts say it won't be easy for China to balance emission goals and economic targets, but it will try to ease supply shortfalls and price rises with export tariffs and higher imports.
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.
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 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
Dec 19, 2019
Amid India steel dispute, U.S. files appeal into WTO system it has broken
The United States on Wednesday fell foul of its own actions that have weakened the World Trade Organization after it filed an appeal in a steel dispute with India, even though WTO adjudicators are no longer able to handle such a case.
Japan Times
BUSINESS
Dec 6, 2019
Trump's tariff tweet forecloses on talks over future Brazil steel exports to U.S.
Negotiations over future Brazilian steel exports to the United States have been halted since President Donald Trump tweeted earlier this week that he would slap tariffs back on them, the head of Brazil's steel mills body, IABr, said on Thursday.
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 / INSIDER REPORT
Nov 19, 2018
Sōgō shōsha: Understanding Japan's super suppliers and distributors
As mentioned before, the sōgō shōsha have two fundamental business models: Their traditional, core business model as trader, supplier, wholesaler and distributor of a vast array of goods and materials upstream and downstream in the supply or value chain, and as an organizer of large-scale infrastructure...
BUSINESS
Oct 25, 2018
U.S. manufacturers say tariffs are pushing prices higher: Fed
U.S. factories have raised their prices because of tariffs, although inflation has appeared modest or moderate in most parts of the country, the Federal Reserve said on Wednesday in its latest report on the economy.

Longform

Tetsuzo Shiraishi, speaking at The Center of the Tokyo Raids and War Damage, uses a thermos to explain how he experienced the U.S. firebombing of March 1945, when he was just 7 years old.
From ashes to high-rises: A survivor’s account of Tokyo’s postwar past