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06.02.26 - 04:00
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Nippon Steel Projects Larger Full-Year Loss (Nippon)
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Tokyo, Feb. 6 (Jiji Press)--Nippon Steel Corp. said Thursday that it projects a larger net loss than previously expected for the fiscal year through next month due partly to a fire that broke out at a plant in Muroran, Hokkaido, northernmost Japan, last December. The Japanese steelmaker now projects a consolidated net loss of 70 billion yen, compared with its previous forecast for a loss of ......
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05.02.26 - 14:36
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Kanadevia to Merge with Nippon Steel Subsidiary (Nippon)
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Osaka, Feb. 5 (Jiji Press)--Japanese machinery maker Kanadevia Corp., formerly called Hitachi Zosen Corp., said Thursday that it will start talks on management integration with Nippon Steel Engineering Co., a Nippon Steel Corp subsidiary. The two sides plan to sign a final agreement in September this year and complete the management integration in April 2027. The merger of the two compani......
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12.12.25 - 13:06
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Nippon Steel to Invest 6 T. Yen over 5 Years to FY 2030 (Nippon)
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Tokyo, Dec. 12 (Jiji Press)--Nippon Steel Corp. plans to invest 6 trillion yen in facilities and business in fiscal 2026-2030, including in United States Steel Corp., which was acquired by the Japanese steelmaker in June, according to its new management plan released Friday. By fiscal 2030, Nippon Steel aims to raise its consolidated business profit, excluding items such as inventory valuati......
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11.12.25 - 10:00
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S. Korea′s Top Court Finalizes Compensation Order for Nippon Steel (Nippon)
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Seoul, Dec. 11 (Jiji Press)--South Korea's Supreme Court on Thursday upheld a lower court ruling that ordered Nippon Steel Corp. to pay a total of 100 million won, or about 11 million yen, in damages to South Korean plaintiffs for wartime labor, dismissing the Japanese company's appeal. According to the plaintiffs, who are mainly bereaved relatives of former wartime laborers, there are some......
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02.12.25 - 00:24
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INTERVIEW: Nippon Steel to Pick New U.S. Steel Plant Site in 2026 (Nippon)
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Tokyo, Dec. 2 (Jiji Press)--Japan's Nippon Steel Corp. hopes to narrow down a list of candidate sites by next summer and make a final decision by the end of 2026 on a location for its United States Steel Corp. subsidiary to build a plant in the U.S. market, Takahiro Mori, vice chairman of the Japanese maker, said in a recent interview. Nippon Steel, which acquired U.S Steel in June, plans to......
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