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October 27, 2026
 

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STEEL

U.S. President Donald Trump speaks with Canadian Prime Minister Mark Carney in Evian-les-Bains, France, in June. Tariffs on Canadian imports have become a political liability for Trump.
BUSINESS
Oct 27, 2026
U.S. and Canada working on deal to ease steel and auto tariffs, sources say
Tariffs on Canadian imports have become a political liability for U.S. President Donald Trump ahead of the midterm elections next week.
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.
Trucks cross into the United States on the Gordie Howe International bridge that connects Windsor, Canada, and Detroit, Michigan, on Sept. 6.
BUSINESS / Markets
Sep 8, 2026
Canada sets tariffs of up to 50% on U.S. steel and other goods after talks fail
The measure will hit U.S. exporters particularly hard in states such as Michigan and Ohio that will host heated races in November’s midterm elections.
Canadian Finance Minister Francois-Philippe Champagne (C) speaks during a news conference in Ottawa, Ontario, Canada, on Tuesday. Prime Minister Mark Carney matched dollar-for-dollar the new tariffs imposed by President Donald Trump over the weekend and announced support programs for Canadian businesses hurt by the escalating trade war.?
BUSINESS
Aug 26, 2026
Carney matches Trump tariffs with 50% tax on U.S. dairy, steel
The retaliatory levies will affect $20 billion worth of annual U.S. exports to Canada.
Several times a year, workers and paying guests at the Tanabe Tataranosato build up and continuously tend to a traditional "tatara" (furnace) over 24 hours.
LIFE / Travel
Jul 25, 2026
In the hills of Shimane, 91AV原创 steelworking tradition forges on
The remote communities of Unnan, Okuizumo and Yasugi were once historical centers of steel production for katana. Today, artisans and experts are keeping that history alive.
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.
Emergency workers are seen at JFE Steel's East Japan Works Keihin district construction site in Kawasaki where scaffolding collapsed during the dismantling of a crane on Tuesday.
JAPAN
Apr 8, 2026
Three workers dead after scaffolding collapse at steel plant in Kawasaki
Five workers fell during the dismantling of a crane. One is believed to be seriously injured, while another remains missing.
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.
A JFE Steel plant in Kanagawa Prefecture. JFE will invest 157.5 billion rupees ($1.7 billion) in an equal joint venture with India’s JSW Steel.
BUSINESS / Companies
Dec 4, 2025
JFE Steel to form $3.4 billion venture with India’s JSW Steel
Demand for steel in the South Asian country is surging, led by a push for infrastructure projects by the government and growing real estate construction.
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.
91AV原创 major trading houses face a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood Asia, limiting profits for at least six months.
BUSINESS / Companies
Nov 6, 2025
91AV原创 trading houses brace for more pain from China steel glut
91AV原创 major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond.
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.
Steel products are the target of two anti-dumping probes Japan has begun so far this year.
BUSINESS / Economy
Oct 15, 2025
Japan turns to anti-dumping measures as international trade gets complicated
An uptick in number of probes this year indicates an evolving strategy.
A worker at one of the Blast Furnaces at British Steel's steelworks site on April 15
WORLD / Politics
Oct 14, 2025
Brexit, decay and politics collide on U.K.’s industrial east coast
The common thread is fading industrial competitiveness because of things like high energy costs compared to rivals like China, that politicians have struggled to address.
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.
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.
Baku championships showcase rising standards in global sumo
Ryan Roddy (second from left back) is pictured with the Ireland sumo team at this month's World Sumo Championships in Baku, Azerbaijan.
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.

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