A PYMNTS Company

Japan’s Nippon Steel To Seek More Merger Deals

By  |  February 3, 2022
Japan Law

Japan’s top steelmaker, Nippon Steel Corp, is seeking more merger and acquisition (M&A) opportunities to boost its global output capacity to 100 million tonnes, an executive said on Thursday, February 3, after its recent decision to buy two Thai steelmakers.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Overseas steel markets are expected to recover after China’s Lunar New Year holiday and the Beijing Winter Olympics to reflect the higher prices of raw materials and an expected economic stimulus by Chinese government, Nippon Steel Executive Vice President Takahiro Mori told an earnings news conference.

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.