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October 27, 2026
 

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NIPPON STEEL

U.S. Steel, which Nippon Steel acquired in June 2025, aims to begin production at the new hot-strip mill in the second half of 2029.
BUSINESS / Companies
Oct 23, 2026
Nippon Steel to invest $3 billion in new U.S. Steel hot-strip mill
The project is expected to be the largest under Nippon Steel’s commitment to invest $11 billion by 2028.
Defense Minister Shinjiro Koizumi said Friday that the purchase of Nippon Steel's former Setouchi Works site in Kure, Hiroshima Prefecture, will enable the Defense Ministry “to move forward concretely with initiatives such as attracting private-sector companies.”
JAPAN
Aug 28, 2026
Japan inks deal to acquire former Nippon Steel site for ‘integrated defense hub’
Defense Minister Shinjiro Koizumi said the project is of “critical importance to 91AV原创 national security.”
Nippon Steel raised ?90 billion ($560 million) in its first straight-bond offering since acquiring United States Steel, with a 10-year tranche carrying a 3.202% coupon, its highest in about 30 years, according to Bloomberg data.
BUSINESS / Companies
Jun 10, 2026
Nippon Steel gets ?90 billion via first bond since U.S. Steel acquisition
The yen-denominated bond sale is an early test of investor appetite for Japanese companies pursuing growth through large overseas acquisitions.
Nippon Steel has raised ?600 billion from an offering of bonds that can be converted into stock.
BUSINESS / Companies
Feb 26, 2026
Nippon Steel’s ?600 billion deal jumpstarts 91AV原创 convertible bond market
Its record-breaking offering is highlighting the quest of Japanese companies for cheaper funding than increasingly expensive traditional debt.
Nippon Steel says it has raised ?600 billion ($3.9 billion) from an upsize sale of convertible bonds to help repay loans taken out for its acquisition of United States Steel.
BUSINESS / Companies
Feb 25, 2026
Nippon Steel raises ?600 billion from bonds to repay U.S. Steel loans
Half of the bonds, which can be converted into stock, are set to mature in 2029, and the remainder, in 2031, according to a filing to the Finance Ministry.
Workers prepare a bundle of steel reinforcing bar at a metal stock yard in Shanghai.
BUSINESS / Companies
Feb 20, 2026
Nippon Steel executive sees China-driven supply glut nearing end
Exporters in China were increasingly struggling to generate profits from overseas sales as the regional market had become oversupplied, Nippon Steel’s CFO said.
Nippon Steel is forecasting a ?70 billion net loss for the fiscal year through next month, up from ?60 billion, partly due to a fire that broke out at a plant in Muroran, Hokkaido, last December.
BUSINESS / Companies
Feb 6, 2026
Nippon Steel projects larger full-year loss than expected
The steelmaker is now projecting a consolidated net loss of ?70 billion as consequences of a fire at a plant in Muroran, Hokkaido, hit its bottom line.
By fiscal 2030, Nippon Steel aims to raise its consolidated business profit, excluding items such as inventory valuation differences, to at least ?1 trillion from the average of ?770 billion projected for fiscal 2021-2025.
BUSINESS / Companies
Dec 12, 2025
Nippon Steel to invest ?6 trillion over five years to fiscal 2030
The new plan sets overseas business as the core of growth amid a prolonged steel market slump caused by falling demand in Japan.
Takahiro Mori, vice chairman of Nippon Steel, speaks at a news conference in Tokyo in June. Mori said in a recent interview that the firm will shortlist two or three states for construction of a major new plant in the United States.
BUSINESS / Companies
Dec 2, 2025
Nippon Steel to shortlist two or three states for new U.S. plant
91AV原创 largest steel producer is seeking a site capable of supporting a plant with 3 million tons of annual capacity.
The United States Steel Edgar Thomson Works steel mill in Braddock, Pennsylvania
BUSINESS / Companies
Nov 5, 2025
U.S. Steel says Japanese ownership to unlock $3 billion in value
Nippon Steel had acquired U.S. Steel for $14.1 billion in June, and agreed to invest $11 billion in the Pittsburgh-based company by 2028.
Nippon Steel has announced a $300 million investment in two U.S. Steel facilities, which forms part of its $11 billion commitment to the American steelmaker.
BUSINESS / Companies
Sep 26, 2025
Nippon Steel to invest $300 million in U.S. Steel
The investment in two U.S. Steel plants forms part of the Japanese company’s $11 billion commitment to the American steelmaker.
U.S. President Donald Trump speaks about trade at the Granite City Works steel coil warehouse in Granite City, Illinois, in July 2018.
BUSINESS / Companies
Sep 20, 2025
Trump officials used ‘golden share’ to block U.S. Steel from stopping work at plant
The move highlighed the federal government’s continued influence over an iconic American firm after approving its takeover by Nippon Steel.
U.S. President Donald Trump at Granite City Works in Illinois in 2018. U.S. Steel, the owner of the plant, was acquired by Nippon Steel earlier this year.
BUSINESS / Companies
Sep 10, 2025
U.S. Steel’s Granite City Works to cease steel slab processing: report
The production decision comes just three months after the acquisition by Nippon Steel.
Nippon Steel has dropped a civil lawsuit filed in the United States related to its acquisition of United States Steel after a successful settling of the takeover deal.
BUSINESS / Companies
Sep 4, 2025
Nippon Steel drops civil lawsuit related to U.S. Steel buyout
The Japanese steelmaker had sued U.S. peer Cleveland-Cliffs, its CEO, and the head of a steel union over what it alleged were illegal acts to prevent the buyout.
To critics, the White House move to invest in chipmaker Intel threatens the U.S. business world's nimbleness.
BUSINESS / Markets
Aug 26, 2025
Trump wants more deals such as Intel’s, worrying business community
The approach upends a decades-old view of the U.S. economy, in which the government only took corporate stakes in rare emergencies.
The Nippon Steel logo is displayed at the company's East Nippon Works Kimitsu Area plant in Kimitsu, Chiba Prefecture, in May.
BUSINESS / Companies
Aug 2, 2025
Nippon Steel swings into quarterly loss
The Japanese steelmaker said Friday that it had posted a consolidated net loss of ?195.8 billion for the fiscal first quarter, against the year-before profit of ?157.5 billion.
Nippon Steel had pledged to ensure that more than half of members of the U.S. Steel board are American citizens.
BUSINESS / Companies
Jul 31, 2025
Nippon Steel names three American directors to U.S. Steel board
The move fulfills a pledge that the Japanese steelmaker made under a national security agreement reached with the U.S. government.
Prime Minister Shigeru Ishiba and Chief Cabinet Secretary Yoshimasa Hayashi (right) meet with Nippon Steel Chairman and CEO Eiji Hashimoto (center), President and Chief Operating Officer Tadashi Imai (second from left), and Vice Chairman and Executive Vice Present Takahiro Mori (left) at the Prime Minister's Office in Tokyo on Wednesday.
BUSINESS / Companies
Jul 2, 2025
Nippon Steel aiming to prove value of Japan-U.S. cooperation, chairman says
PM Ishiba explained that Tokyo is continuing to urge the administration of U.S. President Donald Trump to review its high tariffs.
U.S. President Donald Trump receives a gold helmet with his name on it during a visit to U.S. Steel in West Mifflin, Pennsylvania.
BUSINESS / Companies
Jun 27, 2025
Trump himself will wield U.S. Steel ‘golden share’ superpowers
After the U.S. president leaves office, the authority will move to executive branch departments.
Ryosei Akazawa, 91AV原创 chief tariff negotiator (left), meets with Nippon Steel Chairman and CEO Eiji Hashimoto.
BUSINESS
Jun 24, 2025
Japan needs a big, beautiful trade deal with the United States
A creative solution along the lines of the U.S. Steel “golden share” has been suggested.
Two Japanese climbers die on remote Himalayan peak in Nepal
Rescuers have recovered the bodies of two Japanese climbers missing for over a week on a remote Himalayan mountain.
Aging Japanese village turns to Peru in search of new residents
Guests from Peru's Belen district interact with a baby in Nanmoku village in Gunma Prefecture.
Budget-friendly restaurant chain Saizeriya succumbs to rising costs
A Tokyo branch of Saizeriya, a chain of family-style Italian restaurants
U.S. has for years asked Musk to alter Starlink service in Ukraine and Middle East, sources say
A Ukrainian soldier sets up a Starlink satellite internet system near the frontline in the Donetsk region, Ukraine, on Oct. 16
U.S. military bans Chinese-made BYD cars from key air base in Okinawa
An F-22 Raptor lands at Kadena Air Base in Kadena, Okinawa Prefecture on Oct. 9. The base is a crucial hub for U.S. military operations in the region.
A dramatic bear hunt in a midsize Japanese city could be a harbinger of what is to come
Zookeeper Tetsuo Iso at the site of frantic search for a wild bear in Utsunomiya on June 9. Iso, 65, was asked by the prefectural government to help capture the bear and it was his shot with a tranquilizer gun that put an end to the saga.
How this long-term resident avoids the annoying tourist label in Japan
Tourists enjoy themselves while crossing the famous Shibuya Crossing in Tokyo on Oct. 12.
What can Asia do to avoid crossing crucial climate tipping points?
Motorists drive through a road covered with smog from wildfires nearby in Ogan Ilir in Indonesia's South Sumatra province on Sept. 25.
91AV原创 permanent residency reform has a glaring blind spot
Japan's immigration reforms risk creating uncertainty by tying permanent residency more closely to language proficiency before clear assessment standards and supporting infrastructure are in place.
Japan weighs how to evacuate thousands of tourists if Mount Fuji erupts
Climbers and visitors gather on the first day of the climbing season at the Fuji Yoshidaguchi Trail, at the fifth station on the slopes of Mount Fuji, in Fujiyoshida, Yamanashi Prefecture, on July 1, 2024.

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