Tag: Japan
Nippon Steel sets sights on a growing overseas market
Nippon Steel is pursuing a USD 15bn bid to acquire U.S. Steel to grow its presence in India, Southeast Asia, and the U.S.
The company exports about 70% of its output, with plans to expand its production capacity overseas due to declining domestic demand in Japan. Under the proposed deal, U.S. Steel would become a subsidiary of Nippon Steel, maintaining its name and headquarters in Pittsburgh.
Seatrium to build heavy lift vessel for Japan’s POC
Seatrium has revealed that its subsidiary has signed a Letter of Intent (LoI) with Penta-Ocean Construction (POC) to build a heavy lift vessel to serve the Japanese offshore wind market.
NST’s strategic investment in Mlion Corporation
MLION CORPORATION PTE LTD (Mlion) is pleased to announce its strategic minority investment from Nippon Steel Trading Corporation (NST) to advance its already strong...
JAPEX to conduct exploratory drilling
JAPEX is planning to conduct exploratory drilling to confirm the presence of natural gas in the offshore Hidaka area of Hokkaido.
The Project will be...
JFE & Mycron Steel sign MoU
Japan's JFE Steel Corporation and Malaysia's Mycron Steel Bhd have signed a memorandum of understanding (MoU) to jointly develop and promote Malaysia's green steel...
Japan bankrolls Mitsui-Backed gas project in Vietnam
The Japan Bank for International Cooperation (JBIC) has agreed to contribute USD 415M in co-financing for a gas project in Vietnam co-owned by Mitsui...