Nippon Steel Tops Global Blast-Furnace Peers in Profit per Ton in Q1 Nippon Steel’s profit per ton in the first quarter ranked highest among major global blast-furnace steelmakers, driven by …
steel
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Business
Chinese steel exports flood Southeast Asia amid Iran war and Western tariffs
by Sato Asahiby Sato AsahiChinese steel exports driving supply glut in Southeast Asia, World Steel Association warns World Steel Association warns Chinese steel exports driving a supply glut in Southeast Asia amid rising local …
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Business
Nippon Steel struggles with doubled interest-bearing debt after U.S. Steel takeover
by Sato Asahiby Sato AsahiNippon Steel’s U.S. Steel acquisition leaves heavy debt burden as interest costs surge After acquiring U.S. Steel, Nippon Steel faces sharply higher interest-bearing debt as refinancing and rising rates strain …
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Business
U.S. Steel posts profit gains one year after Nippon Steel acquisition
by Sato Asahiby Sato AsahiU.S. Steel Contributes to Nippon Steel Profits One Year After Acquisition, CEO Says One year after the deal, U.S. Steel has begun contributing to parent Nippon Steel’s profits through cost …
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Business
Nippon Steel says U.S. Steel workers welcome acquisition but reforms remain incomplete
by Sato Asahiby Sato AsahiNippon Steel Sees Early Gains One Year After U.S. Steel Acquisition, Mori Says One year after buying U.S. Steel, Nippon Steel reports early operational gains but warns more reform is …
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Business
Japanese steelmakers accelerate India investments to build high-end steel capacity
by Sato Asahiby Sato AsahiJapanese steelmakers accelerate investments in India to localize high-end production Japanese steelmakers investing in India are deepening partnerships and expanding local production to supply the country’s booming autos, infrastructure and …
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Business
European Union imposes higher steel tariffs and targets Chinese turbine and railmakers
by Sato Asahiby Sato AsahiEU Raises Steel Tariffs on Chinese Imports as Probes Target Goldwind and CRRC European Union tightens steel import rules and doubles duties above new quotas while opening in-depth foreign-subsidy investigations …