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
reuters · 2026-11-05 02:08
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
reuters · 2026-10-22 07:05
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
reuters · 2026-06-17 15:35
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
reuters · 2026-06-17 10:04
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
bloomberg · 2026-04-29 19:58