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Nippon Steel Sees H1 Group (IFRS) Net Profit 30 Billion Yen
Nippon Steel & Sumitomo Metal Corp - Announces Change In Representative Directors
ArcelorMittal: Hope For Swift Resolution To Essar Steel's Debt Plan Post Debt Tribunal Ruling
NIPPON STEEL CORPORATION, formerly NIPPON STEEL & SUMITOMO METAL CORPORATION, is a Japan-based company mainly engaged in the steel manufacturing business. The Company has four business segments. The Steel Manufacturing segment is engaged in the manufacture and sale of steel bars, steel plates, steel pipes, special steels, steel secondary products and other steel products. The Engineering segment is engaged in the production and sale of industrial equipment and steel structures, the contract of construction work, the processing and recycling of waste, as well as the provision of electricity, gas and heat. The Chemical and Materials segment is engaged in the manufacture and sale of coal chemical products, petrochemical products, electronic materials, carbon fibers, composites and other products. The System Solution segment is engaged in the provision of computer system related engineering consulting services and outsourcing services.
Iron & Steel
Marunouchi Park Bldg., 2-6-1, Marunouchi
Chairman of the Board, Representative Director
President, Representative Director
Executive Officer, Director of Finance
Vice President, Chief Director of Technology Development, Representative Director
Vice President, Representative Director
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Japan's biggest steelmaker, Nippon Steel Corp, said on Thursday one of the two steelmaking plants at its Kimitsu Steel Works will be shut until the end of December, to repair a chimney that collapsed in a typhoon last month.
German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in a deal likely to be worth up to $2.5 billion, sources said.
Nippon Steel Corp said on Wednesday that one of two basic-oxygen furnaces at Kimitsu Steel Works in Chiba prefecture east of Tokyo had halted operations since Monday after a chimney that discharges gas collapsed due to a typhoon.
Nippon Steel Corp will cut its planned capital expenditures for the three-year period to March 2021 by between 10% and 20% as weaker steel demand amid the U.S.-China trade war has eroded its profits, a company official said on Friday.
Japan's top steelmaker Nippon Steel Corp aims to raise product prices and boost productivity by streamlining its manufacturing structure to help shore up faltering earnings, a senior executive told Reuters.
Japan's top steelmaker Nippon Steel Corp on Thursday forecast a 56% drop in business profit in the year through March 2020, as surging iron ore prices and slumping demand in Asia erode its margins.
Japan's Nippon Steel Corp said any move by Washington to impose tariffs on Japanese cars and auto parts will hurt its earnings, but expects less of a direct impact from proposed tariffs on U.S. imports from Mexico.
Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at home.
Japan's top steelmaker Nippon Steel & Sumitomo Metal aims to boost crude steel output to nearly 11 million tonnes a quarter in the year from April 1, after system troubles cut production and its profit outlook this year, a senior executive said.
* Cuts FY steel output forecast to 41.3 mln T from 42.1 mln T
Japan on Wednesday demanded talks with South Korea over a Korean court compensation award against a Japanese company for using forced laborers during World War Two, saying all such claims were settled decades ago.
Nippon Steel & Sumitomo Metal Corp said on Wednesday that its joint venture in South Korea had received notice from a court there that some of the venture's assets would be seized.
A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labour case to seize part of the local assets of Japan's Nippon Steel & Sumitomo Metal Corp, Yonhap News Agency said, citing a court official.
South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday.
Lawyers representing South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp. have set a Dec. 24 deadline for the firm to show willingness to discuss a court verdict on compensation.
* Cuts FY crude steel output plan to 42.1 mln T from 43.3 mln T
Lawyers seeking compensation for South Koreans forced to work for Japanese firms during World War Two on Monday demanded Japan's Nippon Steel & Sumitomo Metal Corp honour a South Korean court ruling that has strained ties between the two countries.
* Plans crude steel output at 21.6 mln T in Oct-March (Adds executive comments and details)
South Korea's top court ruled on Tuesday Japan's Nippon Steel & Sumitomo Metal Corp. must compensate four South Koreans for their forced labour during World War Two, a verdict Japan denounced as "unthinkable" while expressing hope that the uneasy neighbours' cooperation...
Nippon Steel & Sumitomo Metal Corp said on Tuesday a ruling by South Korea's top court that the Japanese company should compensate four South Koreans for their forced labour during World War Two is "deeply regrettable".
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