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Yuka Obayashi

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

4:53pm IST

Japan's JFE to spend $9 billion in three years, focus on plant upgrades

TOKYO JFE Holdings Inc, parent of Japan's second-biggest steelmaker, will spend 1 trillion yen ($9.1 billion) in the next three years mainly to upgrade ageing local mills but it also plans to step up overseas investment, its president said.

10:38am IST

Nippon Steel annual profit jumps 71 percent on higher product prices

TOKYO Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, on Thursday posted a 71 percent jump in annual profit, led by healthy demand at home and higher prices of steel products, but it gave no forecast for the year just started.

24 Apr 2018

Japan steel industry head says new U.S. tariffs have not hit Asia market yet

TOKYO The head of Japan's steel industry federation said on Tuesday that new import tariffs on steel imposed by the United States have not yet hit the Asian steel market, but said the industry is monitoring the situation closely for any future impact.

17 Apr 2018

Japan traders ask Rusal to stop shipping aluminum after U.S. sanctions

TOKYO Major Japanese trading houses have asked Russia's United Company Rusal to stop shipping refined aluminum and other products in light of U.S. sanctions on the world's No.2 producer and are scrambling to secure metal elsewhere, industry sources said.

29 Mar 2018

Japan's aluminum industry calls for U.S. to scrap import tariffs

TOKYO Japan's aluminum industry on Thursday called for the United States to scrap import tariffs on aluminum, claiming that they are against international rules and pose a serious problem for the industry and global trade and economic growth.

23 Mar 2018

Rio Tinto sees iron ore market to stay balanced through 2019: executive

TOKYO Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world's biggest steel consumer, a senior executive said on Friday.

07 Mar 2018

Kobe Steel, Toyota hit with U.S. lawsuit over vehicle metal quality

NEW YORK/TOKYO U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles. | Video

06 Mar 2018

Kobe Steel admits data fraud went on nearly 5 decades, CEO to quit

TOKYO Kobe Steel Ltd admitted on Tuesday its data fraud has been going on nearly five decades and also revealed new cases of cheating, highlighting the challenges facing the 112-year-old company mired in compliance failures and malfeasance.

02 Mar 2018

ArcelorMittal teams up with Nippon Steel to bid for Essar Steel

ArcelorMittal SA, the world's largest steelmaker, said on Friday it would form a joint venture with Japan's Nippon Steel & Sumitomo Metal Corp to bid for bankrupt steelmaker Essar Steel India Ltd.

02 Mar 2018

Nippon Steel raises capex, M&A budget for next three years, bids for Indian mill

TOKYO Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, will raise domestic capital spending by 35 percent over the next three years to upgrade ageing plants and triple its investment budget to step up global expansion.

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