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July 28, 2024
 

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US STEEL

Japan Times
BUSINESS
Feb 1, 2019
As Japan moves manufacturing into Thailand, kingdom becomes top importer of Japanese steel
Thailand emerged as the top importer of Japanese steel products for the first time in 2018, as major Japanese makers of cars, home appliances and machinery have moved into Southeast Asia's biggest production hub.
Japan Times
BUSINESS / Companies
Jan 11, 2019
Next Nippon Steel chief Eiji Hashimoto aspires to secure top global spot
Nippon Steel & Sumitomo Metal Corp.'s Executive Vice President Eiji Hashimoto expressed his ambition to make his company the world's top steel-maker after being appointed to become the next chief of the Japanese steel giant on Thursday.
Japan Times
JAPAN / Politics
Jan 9, 2019
Japan seeks talks with South Korea on asset seizure after forced labor ruling
The Foreign Ministry summons South Korea's ambassador after a South Korean court approved the seizure of Nippon Steel assets for failing to comply with a court order on wartime forced labor.
Japan Times
JAPAN / Politics
Jan 6, 2019
Abe orders Japanese ministries to prepare response to asset seizures in South Korea following ruling on forced labor case
Prime Minister Shinzo Abe directs ministries to plan moves after plaintiffs in South Korea take legal steps to seize the local assets of a Japanese steel-maker.
JAPAN / Crime & Legal
Jan 2, 2019
South Korean forced labor plaintiffs seek Nippon Steel asset seizure
Lawyers representing South Korean plaintiffs in a wartime forced labor case said they have launched procedures to seize South Korean assets of Japanese steelmaking giant Nippon Steel & Sumitomo Metal Corp., according to an official statement released Wednesday.
Japan Times
JAPAN
Dec 24, 2018
Civic group proceeds with seizure of Nippon Steel assets in S. Korea over forced labor ruling, after firm ignores deadline
A civic group supporting South Korean plaintiffs who secured a ruling against Nippon Steel & Sumitomo Metal Corp. over wartime forced labor has said it will proceed with steps to seize the steel giant's South Korean assets after the firm ignored a Dec. 24 deadline.
Japan Times
JAPAN
Dec 4, 2018
Lawyers in South Korean wartime labor case set deadline for response from Nippon Steel & Sumitomo Metal
Lawyers representing South Korean plaintiffs in a World War II labor court case against Japan's Nippon Steel & Sumitomo Metal Corp. have set a Dec. 24 deadline for the firm to show willingness to discuss a court verdict on compensation.
Japan Times
BUSINESS / INSIDER REPORT
Nov 19, 2018
Sōgō shōsha: Understanding Japan's super suppliers and distributors
As mentioned before, the sōgō shōsha have two fundamental business models: Their traditional, core business model as trader, supplier, wholesaler and distributor of a vast array of goods and materials upstream and downstream in the supply or value chain, and as an organizer of large-scale infrastructure...
Japan Times
JAPAN
Nov 12, 2018
South Korean lawyers representing wartime laborers rebuffed by Nippon Steel in Tokyo
Their attempt to sit down with the mill's executives in Tokyo did not go well.
BUSINESS
Oct 25, 2018
U.S. manufacturers say tariffs are pushing prices higher: Fed
U.S. factories have raised their prices because of tariffs, although inflation has appeared modest or moderate in most parts of the country, the Federal Reserve said on Wednesday in its latest report on the economy.
Japan Times
COMMUNITY / Issues / LAW OF THE LAND
Oct 10, 2018
Japan demonstrates how too many rules can ruin governance
Culture of over-regulation helps explain the country's persistent problem with data falsification.
Japan Times
LIFE / Food & Drink
Sep 29, 2018
'The Knifenerd Guide to Japanese Knives': Paying tribute to Japan's 'faceless' knife makers
For more than a decade, Kevin Kent and his staff have been selling chefs and home cooks on the array of Japanese knives as well as how to care for them. That knowledge has been distilled into Kent's upcoming book, 'The Knifenerd Guide to Japanese Knives,' a tribute to Japan's 'faceless' blacksmiths.
Japan Times
LIFE / Travel
Sep 14, 2018
Stoke the flames of tradition on Shimane’s ‘Iron Road’
Shimane Prefecture is an under-discovered wealth of history, natural beauty and high-quality artisan crafts — such as katana-quality steel. On this drive-yourself adventure step straight into Irontown and immerse yourself in the history and culture of tatara steel production.
BUSINESS
Aug 29, 2018
U.S. energy firms fume over rejected steel tariff exemptions
The U.S. Commerce Department recently granted a tariff exemption to oil major Chevron for its imports of 4.5-inch Japanese steel tubes for oil exploration.
Japan Times
BUSINESS
Aug 28, 2018
U.S. says China's steel wheels are subsidized, will impose duties on imports
The U.S. Commerce Department said on Monday it had made a preliminary determination that imports of certain steel wheels from China were subsidized at rates ranging from 58.75 percent to 172.51 percent, and it would impose duties on the product.
BUSINESS / Companies
Aug 14, 2018
Nippon Steel to boost output of automotive flat sheets in Indonesia
Nippon Steel & Sumitomo Metal Corp. will step up local production of automotive flat steel products in Indonesia to meet growing demand from Southeast Asia's largest auto market.
BUSINESS / Companies
Aug 1, 2018
Kobe Steel's April-June net profit halved after quality data scandal
Kobe Steel Ltd. said Wednesday its group net profit in the April-June quarter fell 49.4 percent from a year earlier to ¥12.66 billion ($113 million) due to the negative impact of a data falsification scandal.
BUSINESS / Companies
Jul 19, 2018
Kobe Steel indicted over fabrication of data for products used in trains, aircraft, vehicles and defense equipment
Prosecutors indicted Kobe Steel Ltd. on Thursday on suspicion the firm violated a law that prevents unfair competition by fabricating data related to the quality of its products.
Japan Times
BUSINESS / Companies
Jul 17, 2018
Kobe Steel and plant officials referred to prosecutors over data falsification scandal
Police referred Kobe Steel Ltd. and four of its plant officials to prosecutors Tuesday over a scandal that involved fabricating data related to the quality of its products, investigative sources said.
Japan Times
JAPAN
Jul 12, 2018
Kobe Steel expected to be indicted in data fabrication scandal
Kobe Steel Ltd. is expected to be indicted over a data fabrication scandal that rocked the manufacturing industry, as police are set to refer the company to prosecutors possibly next week, sources familiar with the matter said Thursday.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Ahead of the Olympics, Japan is still talking about the gymnast who won't be there
Japan's Shoko Miyata withdrew from the gymnastics team herself over her drinking and smoking, although it had already appeared as though the association was prepared to send her home from the team’s training camp in Monaco.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
‘Crazy’ yen rally is at risk of shattering as soon as Wednesday
Some investors are warning that a yen rally is fragile, as was on show this week when the yen rapidly retraced an advance after Thursday’s stronger-than-expected U.S. economic growth figures.
Japan's average life expectancy rises for first time in three years
A decline in COVID-19-caused deaths likely helped boost the average life expectancy for Japanese men and women to rise for the first time in three years in 2023.
The Japanese Olympians looking to shine in Paris
Rim Nakamura, who is attempting to win Japan's first Olympic gold medal in cycling, will be one of the top Japanese athletes to watch at the Paris Games.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

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