Nippon Steel raised its fiscal 2026 net profit forecast by 52% to 440 billion yen, driven by strong US Steel earnings and higher steel prices. Improved market conditions and operational efficiency wer
Nippon Steel will invest $3 billion to upgrade U.S. Steel's Mon Valley hot rolling facility following its 2025 acquisition. New equipment targeting higher-quality steel production is set to enter oper
Nippon Steel states it remains unsatisfied with U.S. Steel's reform pace one year after acquisition, identifying 260 improvement areas while evaluating new U.S. facility investments amid inflation and
Nippon Steel expects U.S. Steel earnings to surpass forecasts due to buoyant American demand and high steel prices exceeding $1,200 per metric ton post-acquisition. The firm plans significant investme
US Steel will invest $1.9 billion in a new direct reduced iron facility in Arkansas to supply its electric arc furnaces using iron ore from Minnesota mines. This investment supports Nippon Steel's mod
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