#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.

Materials & Lightweighting

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.

Materials & Lightweighting

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.

Steel

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.

Economics

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.

Materials & Lightweighting

Impact of Thai Floods Spreads to Japan’s Suppliers

Japan's JFE Steel Corp. may stop making automotive sheet steel at one of its two plants in Japan for several days next month because of flooding in Thailand that has disrupted auto production there, says The Nikkei.

Materials & Lightweighting

Thai Flooding Impacts Auto Suppliers in Japan

Japan's JFE Steel Corp. may stop making automotive sheet steel at one of its two plants in Japan for several days next month because of flooding in Thailand that has disrupted auto production there, says The Nikkei.

Materials & Lightweighting

Mazda, Nissan to Debut Ultra-High-Strength Steel

Mazda Motor Corp. and Nissan Motor Co. announced this week they are phasing in the use of ultra-high-strength steel as a way to reduce the weight of structural components.

Materials & Lightweighting

Nippon Steel Expands Thai Operations

Nippon Steel Corp. says it is increasing its stake in Rayong, Thailand-based Siam United Steel (SUS) Co. from 44.7% to nearly 50% by purchasing Thai conglomerate Siam Cement Pcl's remaining 5% share in the company for about 2.2 billion yen ($29 million). The companies expect to complete the deal this autumn.

Automakers to Restart Some Japan Plants Tomorrow

Japanese carmakers and suppliers plan to resume work at some of the domestic plants that were idled after the country's 9.0 earthquake and a tsunami last Friday.

Steel

Nippon, Sumitomo Will Merge to Form Global Steel Giant

Japan's Nippon Steel Corp. and Sumitomo Metal Industries Ltd. have agreed to merge their operations to become the world's second-largest steel producer behind Luxembourg's ArcelorMittal.

Materials & Lightweighting

Nippon, Sumitomo Will Merge to Form Global Steel Giant

Japan's Nippon Steel Corp. and Sumitomo Metal Industries Ltd. have agreed to merge their operations to become the world's second-largest steel producer behind Luxembourg's ArcelorMittal.

Materials & Lightweighting

Nippon, Sumitomo to Form World’s Second-Largest Steel Producer

Nippon Steel Corp. and Sumitomo Metal Industries Ltd. have agreed to merge their operations, creating a steelmaking giant second only to Luxembourg's ArcelorMittal.

Materials & Lightweighting

Toyota, Nippon Steel to Set 1% Steel Price Hike

Nippon Steel Co. and Toyota Motor Corp. are likely to agree to an increase of about 1% in steel prices for the six months ending March 31, according to The Nikkei, which cites unidentified sources.

Materials & Lightweighting

Nippon, Tata Form India Venture to Make Auto Steel

Japan's Nippon Steel Corp. and India's Tata Steel Ltd. have agreed to form a 23 billion rupees ($507 million) joint venture that will begin producing 600,000 metric tons of automotive cold-rolled steel per year in 2013.

Steel

Nippon, Tata Form India Venture to Make Auto Steel

Japan's Nippon Steel Corp. and India's Tata Steel Ltd. have agreed to form a $507 million joint venture that will begin producing 600,000 metric tons of automotive cold-rolled steel per year in 2013.

Materials & Lightweighting

Nippon Steel to Set Up Plant in India

Japan's Nippon Steel Corp. plans to begin building a new plant in India next year to make steel tube for automotive components.

Economics

Foreign Steelmakers: Land Woes Slow Expansion in India

India's booming economy and growing auto industry continue to attract foreign companies seeking to establish local operations in the country.

Foreign Investment in Thailand Continues to Climb

Thailand received investment applications for 632 projects totaling $5.95 billion during the first half of 2010, according to the Board of Investment of Thailand.

Materials & Lightweighting

Toyota Agrees to 26% Hike in Steel Prices

Toyota Motor Corp. has agreed to pay 20,000 yen (€183) more per ton of steel from Nippon Steel Corp. during the six-month period ending 30 September, The Nikkei reports.

Steel

Toyota May Agree to 25% Price Hike for Steel

Toyota Motor Corp. is close to agreeing to pay Nippon Steel Corp. 25% more for sheet steel over the six-month period that begins next April, The Nikkei says.