China — with its state-dominated and bloated steel sector — is not a realistic option. Nippon Steel exited a joint venture there in July as Japanese automakers struggled to maintain market ...
U.S. Steel, which rejected that offer, confirmed the offering price from Nippon early Monday. That tie-up would have created one of the top four outside of China, which dominates global steel ...
TOKYO (Reuters) -- Nippon Steel plans to use its current merger agreement to acquire U.S. Steel as a starting point for talks with the U.S. government, President Tadashi Imai said on Tuesday ...
"Increases in exports due to the expanded structural supply/demand gap in China continues to cause global spreads weakness," Nippon Steel said. "In Japan, while the pressure by imported materials ...
The venture between Baosteel and Nippon Steel combined Japan's advanced technology with the promise of the huge and fast-growing Chinese market. But demand for steel has weakened in China as the ...
TOKYO, Feb 25 (Reuters) - Nippon Steel (5401.T), opens new tab plans to use its current merger agreement to acquire U.S. Steel (X.N), opens new tab as a starting point for talks with the U.S ...
U.S. President Donald Trump has stated that U.S. Steel will remain an American company and Nippon Steel will "invest heavily" in it. This implies that the Japanese firm would have a non ...
Tokyo: The Japanese steel giant that helped China modernise its mills is worried that a glut of the metal in its neighbour could hurt its domestic market. Nippon Steel Corp, the world’s fourth ...