24
Jun
05:16
Nippon Steel to invest more in coal mines
Japan's largest steelmaker, Nippon Steel Corp, plans to invest more in coal mines as commodity prices surge, Kallanish notes.
Its raw material division general manager Kiichi Yamada told Bloomberg in an interview that the firm is studying plans to invest further in coal projects. This comes with miners facing increasing pressure to dispose of their assets as global warming becomes a bigger issue.
Nippon Steel currently has minority stakes in six coking coals …
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous