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FILE PHOTO: The logos of Nippon Steel Corp. are displayed at the company headquarters in Tokyo, Japan March 18, 2019.   REUTERS/Yuka Obayashi/File Photo
AnalysisBusinessEconomyIndustryInfrastructurePoliticsRegulationsTrade

China exports push Nippon Steel to seek growth in US, India after blocked deal

Nippon Steel eyes U.S. and India for growth, countering China’s exports amid declining domestic demand and blocked U.S. bid.

FILE PHOTO: Nippon Steel logo is displayed at the company's headquarters in Tokyo, Japan April 1, 2024.  REUTERS/Issei Kato/File Photo/File Photo/File Photo
AnalysisBusinessEconomyIndustryInfrastructureManufacturingPoliticsRegulationsTrade

Explainer: What next for Nippon Steel and US Steel’s $15 billion mega-merger?

U.S. Steel's $15B Japanese takeover hangs in the balance as Biden weighs national security risks amid political pushback.

FILE PHOTO: Employees work on the production line at a Baowu Group steel mill in Ezhou, Hubei province, China June 21, 2023. REUTERS/Amy Lv/File Photo
AnalysisBusinessEconomyIndustryInfrastructurePoliticsTrade

Analysis: Elevated China steel exports set to persist, threaten to worsen trade friction

Chinese steelmakers are set to boost exports in 2025 amid domestic overcapacity and weak demand, raising trade tensions globally.

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