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Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

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Tue, Jan 17 2017

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Nippon Steel mulls discussing exit clause for Brazil's Usiminas

SAO PAULO Nippon Steel & Sumitomo Metal Corp does not rule out discussing with partner Ternium SA an amendment of an existing shareholder accord giving them the possibility of exiting Brazilian steelmaker Usinas Siderúrugicas de Minas Gerais SA, a senior executive with the Japanese company said on Tuesday.

Nippon Steel mulls discussing exit clause for Brazil's Usiminas

SAO PAULO, Jan 17 Nippon Steel & Sumitomo Metal Corp does not rule out discussing with partner Ternium SA an amendment of an existing shareholder accord giving them the possibility of exiting Brazilian steelmaker Usinas Siderúrugicas de Minas Gerais SA, a senior executive with the Japanese company said on Tuesday. (Reporting by Alberto Alerigi Jr; Writing by Guillermo Parra-Bernal; Editing by Chizu Nomiyama)

Nippon Steel president sees coking coal price holding near $285 per ton

TOKYO Coking coal prices are expected to stay at high levels of around $285 per ton for a while, Nippon Steel & Sumitomo Metal Corp President Kosei Shindo said on Friday.

Nippon Steel agrees with Glencore, Teck on 43 percent rise in first quarter coking coal

TOKYO Japan's biggest steelmaker Nippon Steel said on Tuesday it has agreed with Glencore Plc and Teck Resources Ltd on a coking coal price for first quarter of 2017 supplies that is 43 percent higher than the previous quarter.

Nippon Steel to pass higher coking coal cost burden on to customers

TOKYO Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, expects coking coal prices to stay at $250-$300 a ton for the next three months after nearly quadrupling this year - and a senior executive said it plans to pass most of the burden on to its customers.

Japan's Nippon Steel fears Trump threat to NAFTA

TOKYO Japan's biggest steelmaker Nippon Steel & Sumitomo Metal Corp is concerned about U.S. President-elect Donald Trump's threat to renegotiate or scrap a North American trade pact because of possible adverse effects on its business in Mexico.

Japan's Nippon Steel fears Trump threat to NAFTA

TOKYO, Nov 10 Japan's biggest steelmaker Nippon Steel & Sumitomo Metal Corp is concerned about U.S. President-elect Donald Trump's threat to renegotiate or scrap a North American trade pact because of possible adverse effects on its business in Mexico.

Nippon Steel says high coking coal prices likely to stay awhile

TOKYO Nippon Steel & Sumitomo Metal Corp, the world's third-biggest steelmaker, does not expect coking coal prices to fall any time soon as China's steelmakers maintain high output while the country's coal producers trim supply, an executive said.

In surprise move, Japan's Nippon Steel retains annual profit outlook

TOKYO Nippon Steel & Sumitomo Metal Corp posted a plunge in profits for the six months to September, but the top steelmaker of Japan defied estimates by retaining its annual outlook at a time when higher raw material costs have led to a cut by others.

In surprise move, Japan's Nippon Steel retains annual profit outlook

* Nippon Steel expects to pass on surging coal costs to customers

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