52 Week Range
As of on the Tokyo Stock Exchange ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
52 Week Low
Shares Out (MIL)
Market Cap (MIL)
Dividend (Yield %)
Nippon Steel To Further Adjust Blast Furnace Operations In Response To Current Steel Demand
Nippon Steel, JFE Steel, Kobe Steel Will Tell Unions That They Will Not Hike Base Pay For First Time In 7 Yrs, As Trade War Saps Demand - Nikkei
Nippon Steel Says To Book 396.6 Billion Yen Impairment Loss On Its Business Assets In Oct-Dec
NIPPON STEEL CORPORATION, formerly NIPPON STEEL & SUMITOMO METAL CORPORATION, is a Japan-based company mainly engaged in the steel manufacturing business. The Company has four business segments. The Steel Manufacturing segment is engaged in the manufacture and sale of steel bars, steel plates, steel pipes, special steels, steel secondary products and other steel products. The Engineering segment is engaged in the production and sale of industrial equipment and steel structures, the contract of construction work, the processing and recycling of waste, as well as the provision of electricity, gas and heat. The Chemical and Materials segment is engaged in the manufacture and sale of coal chemical products, petrochemical products, electronic materials, carbon fibers, composites and other products. The System Solution segment is engaged in the provision of computer system related engineering consulting services and outsourcing services.
Iron & Steel
Marunouchi Park Bldg., 2-6-1, Marunouchi
Chairman of the Board, Representative Director
President, Representative Director
Executive Officer, Director of Finance
Vice President, Chief Director of Technology Development, Representative Director
Vice President, Representative Director
Price To Earnings (TTM)
Price To Sales (TTM)
Price To Book (MRQ)
Price To Cash Flow (TTM)
Total Debt To Equity (MRQ)
LT Debt To Equity (MRQ)
Return on Investment (TTM)
Return on Equity (TTM)
Nippon Steel Corp, Japan's biggest steelmaker, said on Friday it will spend 49 billion yen ($450 million) to renovate its No.3 blast furnace at Nagoya Works in central Japan in 2022 to boost stability and productivity.
Nippon Steel Corp <5401.T> on Friday reported a record $4 billion annual net loss as a hefty restructuring charge dampened its earnings, and said it will idle two more blast furnaces from July to cope with slumping demand amid the coronavirus pandemic.
* Suspensions of 4 furnaces will cut 25% in its furnaces' volume
Nippon Steel Corp is considering halting a blast furnace in Kimitsu, eastern Japan, to cope with slumping demand, a source at a group company said on Friday, following its recent decision to temporarily shut two blast furnaces.
* First time since 2009 to temporarily shut more than 2 furnaces
Nippon Steel Corp, Japan's biggest steelmaker, will temporarily shut two blast furnaces in Japan later this month to cope with declining demand due to the coronavirus pandemic, it said late on Tuesday.
Japan's biggest steelmaker Nippon Steel Corp <5401.T> said on Tuesday its joint venture with ArcelorMittal <MT.AS> has signed a $5.15 billion (4.21 billion pounds) loan agreement with Japanese banks, including Japan Bank for International Cooperation.
* Company will shut three blast furnaces and other facilities
Japan's Nippon Steel Corp , the world's third-biggest steelmaker, is likely to cut about a tenth of steelmaking capacity, the Nikkei business daily said on Friday, in what would be an unprecedented move for the steel industry.
Nippon Steel Corp will likely cut about 10% of crude steel capacity by closing both blast furnaces at its Kure site "within a few years" to better compete in the face of rising output in top producer China, Nikkei business daily reported on Friday.
ArcelorMittal SA <MT.AS> said on Monday it had formed a joint venture with Nippon Steel Corp <5401.T> to run Essar Steel, the bankrupt Indian steel company that ArcelorMittal has taken over.
Japan's biggest steelmaker, Nippon Steel Corp, said on Thursday one of the two steelmaking plants at its Kimitsu Steel Works will be shut until the end of December, to repair a chimney that collapsed in a typhoon last month.
German insurer Allianz <ALVG.DE>, Nippon Life and MS&AD Insurance <8725.T> are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva <AV.L> in a deal likely to be worth up to $2.5 billion (2 billion pounds), sources said.
German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva, in a deal likely to be worth up to $2.5 billion, sources said.
Nippon Steel Corp will cut its planned capital expenditures for the three-year period to March 2021 by between 10% and 20% as weaker steel demand amid the U.S.-China trade war has eroded its profits, a company official said on Friday.
Japan's top steelmaker Nippon Steel Corp aims to raise product prices and boost productivity by streamlining its manufacturing structure to help shore up faltering earnings, a senior executive told Reuters.
Japan's top steelmaker Nippon Steel Corp <5401.T> on Thursday forecast a 56% drop in business profit in the year through March 2020, as surging iron ore prices and slumping demand in Asia erode its margins.
Japan's Nippon Steel Corp said any move by Washington to impose tariffs on Japanese cars and auto parts will hurt its earnings, but expects less of a direct impact from proposed tariffs on U.S. imports from Mexico.
Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalise on growth abroad as it faces shrinking demand at home.
Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp on Wednesday warned its annual profit would be 6 percent less than previously forecast, citing lower crude steel output for the financial year ending on March 31.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.