China's steelmakers seen smashing output records despite mill closures
China's steelmakers are smashing production records by pushing furnaces beyond their typical limits, offsetting nationwide closures that may be even more swingeing than government estimates, according to Goldman Sachs Group Inc. The world's top producer has trumpeted sweeping reforms in the past two years that ...
Toyota, steel makers agree to cut sheet prices as coal cools off
Toyota Motor Corp. has agreed with major steel makers to lower the price for steel sheet from April to September, the first price cut in 18 months, sources close to the talks said. Toyota and steel makers including Nippon Steel & Sumitomo Metal Corp. reached ...
Steel giant trying to get with it in Shibuya to woo young Japanese talent
Convincing teenagers in Japan that working for a giant 116-year-old manufacturer is a sexy career choice seems like a tough sell. It's even more difficult if the target audience can't figure out the company's name. That's the challenge for Nippon Steel & Sumitomo Metal Corp. ...
Nippon Steel, Techint brawl in boardroom as company founders
What started as an alliance to bring balance and direction to Brazil's second-largest steel maker has become a feud spanning three continents that's diluting the company's efforts to navigate a global commodities rout. On one side is Nippon Steel & Sumitomo Metal Corp., with more ...
Corporate blowback builds from Minamata treaty
The Japanese government lobbied hard for a global pact that limits mercury use and to name the resulting treaty after Minamata, the site of a homegrown industrial disaster from the 1950s when the toxic metal poured into a river, poisoning thousands. But a year after ...
