Nippon Steel (NPSCY) (NISTF) said Wednesday it plans to spend ~€900M ($1.04B) in Slovakia on a new electric arc furnace and a new air separation unit to bolster its supply of high-grade, low-carbon ...

The deal price of $55 per share represents a whopping 142% premium to Aug. 11, the last trading day before Cleveland-Cliffs unveiled a $35-per-share, cash-and-stock bid for U.S. Steel. It is a bet ...

The investment includes a new electric furnace, while up to €350 million will come from the EU Modernisation Fund.

Weakness in the American steel market and the impact of August’s explosion at the Clairton Coke Works led to early stress in Nippon Steel Corp.’s newly acquired United States Steel Corp. even as it ...

Toyota Motor Corp. and Nippon Steel Corp. have hammered out a 20 to 30 percent price hike for the steel supplied to the major ...

Nippon Steel and the Slovak government signed agreements on Tuesday on public aid for building a new electric furnace and decarbonisation of air separation at Nippon's U.S. Steel Kosice plant ...

The Kosice project includes an electric arc furnace and oxygen plant, supported by 350 million euros from the EU Modernisation Fund via Slovakia.

Nippon Steel shares rose on Monday after U.S. President Donald Trump approved its $14.9 billion bid for US Steel, clearing a ...

In early December, Nippon Steel announced it would build a $4 billion steel plant as part of a larger plan to invest $11 billion in its new American subsidiary, U.S. Steel, over the next two years.

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