Nippon Steel News (NSSMC reports).

NSSMC News

Nippon Steel & Sumitomo Metal Corporation - Press Release
Fri, 10 Mar 2023 15:04:41 GMT
Notice Regarding Commencement of Tender Offer for Shares of Nippon ...


Nippon Steel could buy more stakes in coking coal and iron ore ...
Sat, 04 Mar 2023 00:00:00 GMT
Nippon Steel Corp could buy more stakes in coking coal and iron ore mines even after its recent decision to invest in a Canadian mine, as it sees a risk of commodity prices staying high, an executive at the worlds No.4 steelmaker said. Japans top steelmaker said in February it will spend around 1.15 billion Canadian dollars ($844 million) to buy a 10% stake in Elk Valley Resources Ltd (EVR), the coking coal unit to be spun off from Canadian miner Teck Resources Ltd. Nippon Steel already


Nippon Steel & Sumitomo Metal Corporation - Press Release
Fri, 03 Mar 2023 13:00:00 GMT
Nippon Steel Corporation Issues Green Bond


Nippon Steel & Sumitomo Metal Corporation - Press Release
Tue, 21 Feb 2023 20:40:41 GMT
Nippon Steel enters into agreement with Teck Resources Limited to ...


Japans Nippon Steel to pay record FY dividend on rising profit
Fri, 10 Feb 2023 00:00:00 GMT
Japans top steelmaker Nippon Steel Corp 5401.T on Thursday posted a 2% increase in April-December net profit to 517 billion yen ($4 billion) and said it would pay a record-high full-year dividend of 180 yen per share. Nippon Steel, which kept its full-year net profit forecast unchanged at 670 billion yen, paid an annual dividend of 160 yen per share last year. Japans financial year ends on March 31. The company raised its full-year underlying business profit forecast by 60 billion yen to


Japans JFE Holdings cuts full-year steel output, profit estimates
Tue, 07 Feb 2023 00:00:00 GMT
Japans second-biggest steelmaker JFE Holdings Inc 5411.T lowered its forecasts for crude steel output and full-year profit on Monday, blaming slack overseas prices and weak demand at home. We have been facing a tough environment since last quarter with slow activity in Japan and delays in recovery in overseas markets, JFE Holdings Executive Vice President Masashi Terahata told a news conference. Given weaker demand, JFE slashed its crude steel output plans to 24 million tonnes for the


Nippon Steel & Sumitomo Metal Corporation - Press Release
Thu, 26 Jan 2023 10:40:43 GMT
Sumarry of Q&A: Tender Offer for Shares of Nippon Steel Trading


Tokyo Steel to keep product prices unchanged in Feb for fifth ...
Tue, 17 Jan 2023 00:00:00 GMT
Japans top electric-arc furnace steelmaker Tokyo Steel Manufacturing Co Ltd on Monday said it will hold steel product prices steady in February, given the stagnant market conditions in some regions of Japan. This is the fifth month the company has kept prices unchanged for all of its steel products, including its main H-shaped beams. For February, prices for hot rolled coils will stay at 115,000 yen ($896) a tonne while prices for H-beams will remain at 124,000 yen a tonne. Tokyo Steels


Nippon Steel to invest in reduced iron projects needed for green ...
Fri, 23 Dec 2022 00:00:00 GMT
Japans top steelmaker Nippon Steel Corp 5401.T aims to join new raw material development projects to make reduced iron, using hydrogen, to meet the growing demand for green steel, its president said on Thursday. But the company will keep investing in coking coal mines to secure a key steel-making raw material as new development projects for the coal have been shrinking due to concerns over climate change, Nippon Steel President Eiji Hashimoto told a news conference. Reduced iron is produced


Hungarian flat steel producer Dunaferr has gone into administration: ...
Fri, 23 Dec 2022 00:00:00 GMT
Italy will receive 1 billion ($1.06 billion) from the European Commission (EC) within the framework ofthe Just Transition Fund(JTF) scheme that supports the energy transition of contaminated and degraded areas caused by industrial exploitation. Part of the funds will go to the decarbonisation of the troubled steelmaker Acciaierie dItalias main facility in Taranto, the


JFE Steel to Demonstrate Automated Driving System at Keihin Site ...
Wed, 21 Dec 2022 13:20:35 GMT
JFE Steel Corporation today announced that together with IHI Corporation it will conduct a demonstration test of an automated transport


JFE cuts FY crude steel output plan but ups profit forecast
Sat, 05 Nov 2022 00:00:00 GMT
Japans No.2 steelmaker JFE Holdings Inc 5411.T, 5411.T on Friday lowered its crude steel output plan for the year to March 31 due to slow demand at home and slumping overseas markets, but raised its full-year profit forecast. The company now plans to produce 25 million tonnes of crude steel on a parent basis for the current financial year, down from its earlier forecast of 26 million tonnes. Recovery in automobile production in Japan and overseas steel markets appears to be slower than



Number of Nippon Steel company news reports: 12
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