#NIPPONSTEEL

Steel

Nippon Steel Plans $1.9 Billion Asset Sale

Nippon Steel Corp. intends to sell of 200 billion yen ($1.9 billion) in assets over the next two years to help it buy a 50% stake in Indian steelmaker Essar Steel India Ltd.

Steel

Mazda Debuts Cold-Stamped High-Strength Steel Applications

Mazda Motor Corp. says its latest Skyactiv-Vehicle Architecture is the first production application for cold-stamped advanced high-strength steels rated above 1,200 MPa.

Steel

Posco Opens Steel Sheet Plant in Thailand

Steelmaker Posco has officially opened a factory in Rayong, Thailand, to make galvanized steel sheet for the country’s auto industry.

Business

Tar Fallout Halts Toyota Shipments

Toyota Motor Corp. has delayed delivery of roughly 23,000 vehicles in Japan after soot and tar from a nearby steel mill stained their exteriors, The Nikkei reports.

Steel

Nippon Steel to Ship Crankshafts from India to U.S., ASEAN

In April Nippon Steel & Sumitomo Metal Corp. expects to begin shipping some 300,000 crankshafts annually to the U.S. from a factory in India, The Nikkei reports.