Nippon Steel

Nippon Steel sells US$3.9 billion of bonds for US Steel loan

Half of them will mature in 2029 and the remainder in 2031, the company says

Nippon Steel said the bond issue was planned in two equal tranches of 275 billion yen (S$2.23 billion), maturing in 2029 and 2031 respectively.

Nippon Steel to raise US$3.6 billion in Japan's biggest convertible bond offer ever

The company seeks to refinance its US$15 billion takeover of US Steel

As shipments have grown, a wave of protectionism has led to anti-dumping restrictions on Chinese products by countries including Vietnam, South Korea and Australia.

Nippon Steel executive sees China-driven supply glut nearing end

Steel mills in the Asian nation have ramped up exports as a way to offset falling domestic consumption

Nippon Steel acquired US Steel in June in a US$15 billion deal.

Nippon Steel excludes US Steel from profit guidance on ‘significant’ market challenges

The exclusion is attributed to current US steel market conditions, cost rises and heightened uncertainty in the US market

Japan’s Nippon Steel took control of US Steel in June after a protracted takeover battle that drew the personal involvement of US President Donald Trump.

US Steel approves US$300 million tranche of Nippon Steel spending

UNITED States Steel approved a US$300 million investment to upgrade some of its facilities, advancing part of an US$11 billion commitment by Nippon Steel after its takeover of the storied American ste...

(From left) Michiel Hovers of BHP, Dr Arvind Bodhankar of Arcelor Mittal Nippon Steel India, Alice Flesher of Chevron, Kim Yong-hee of Hyundai Steel, Prabodha Archarya of JSW Steel, Ken Yasuhara of Mitsui & Co and Jan Kwak of Hatch at the MOU signing on Aug 7.

Steel giants look into carbon capture hubs across Asia

Pre-feasibility study, to conclude by end-2026, marks rare cross-industry collaboration

With the US tariff risk looming, Japan’s Iron and Steel Federation has warned domestic crude steel output could fall below 80 million tonnes this year versus 84 million tonnes a year ago.

Japan’s steel output may sink to lowest since 1968 as US tariff risks loom

[TOKYO] Kobe Steel, Japan’s No 3 steelmaker, on Thursday (Aug 7) reported a 3 per cent fall in quarterly crude steel output due to lower prices and the potential impact of US tariffs on car production...

Nippon Steel said its annual crude steel production capacity is expected to reach 86 million tonnes, bringing it closer to Nippon Steel’s global strategic goal of 100 million tonnes of global crude steel production capacity.

Nippon Steel’s US$14.9 billion acquisition of US Steel closes, with big role for Trump

Under the deal terms, Nippon bought 100% of US Steel shares at US$55 per share

Shares of Nippon Steel, the world’s fourth-largest steelmaker, gained 3 per cent to 2,915 yen by the mid-day break after being untraded with a glut of buy orders earlier in the day.

Nippon Steel shares rise after Trump approves US$14.9 billion US Steel bid

[TOKYO] Nippon Steel shares rose on Monday after US President Donald Trump approved its US$14.9 billion bid for US Steel, clearing a key hurdle in its 18-month pursuit and securing access to a vital m...

Nippon Steel and US Steel said they had “entered into a National Security Agreement” with the US government, which “provides that approximately US$11 billion in new investments will be made by 2028”.

Debt to decarbonisation: challenges for Nippon Steel

[TOKYO] Nippon Steel on Saturday (Jun 14) touted a “historic partnership” with US Steel after US President Donald Trump approved a multi-billion-dollar merger.