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Nippon Steel Corp. News

Rio Tinto Earmarks US$3.1 Billion For Australian Iron Ore Expansion

SOURCE: Dow Jones Newswires | 20 October 2010

Just days after walking away from a US$116 billion plan to combine its iron ore assets in Australia's northwestern Pilbara region with those of BHP Billiton Ltd. (BHP), Rio Tinto Ltd. (RTP) Wednesday announced plans to spend US$3.1 billion on expanding its iron ore capacity in the region.

Nippon Steel, Tata Steel In Formal Talks To Build Blast Furnace -Nikkei

SOURCE: Dow Jones Newswires | 05 October 2010

Nippon Steel Corp. (5401.TO) and Tata Steel Ltd. (500470.BY) have entered formal talks to jointly construct blast furnaces and other steel-making facilities, the two companies said Tuesday.

Japan Steel Firms Agree To Further Coal Price Hike

SOURCE: Dow Jones Newswires | 01 June 2010

Some Japanese steel makers have agreed to a further hike in the price of coking coal for the July-September quarter, people familiar with the negotiations said Tuesday, which is likely to increase cost pressures for automakers and other major steel buyers.