NSSMY - Nippon Steel Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
17.74
0.00 (0.00%)
At close: 4:02PM EDT
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Previous Close17.74
Open17.74
Bid0.00 x 0
Ask0.00 x 0
Day's Range17.74 - 17.74
52 Week Range17.74 - 17.74
Volume544
Avg. VolumeN/A
Market CapN/A
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Reuters4 months ago

    Nippon Steel to bolster overseas business, focus on India

    Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at home. "India is the fastest-growing market in the world and our investment on Essar's operations will be our key project for this year," said Nippon Steel's new president, Eiji Hashimoto. Creditors of Essar Steel India approved a joint offer by ArcelorMittal and Nippon Steel for the debt-laden asset in October, and the two have drawn up plans to double output of the unit in coming years.

  • Reuters5 months ago

    Nippon Steel aims for output near 11 million tonnes a quarter for 2019-20

    Japan's top steelmaker Nippon Steel & Sumitomo Metal aims to boost crude steel output to nearly 11 million tonnes a quarter in the year from April 1, after system troubles cut production and its profit outlook this year, a senior executive said. "We should be able to produce 11 million tonnes of crude steel a quarter, but actual output has been falling short of it in the past few years," Nippon Steel Executive Vice President Katsuhiro Miyamoto told Reuters in an interview on Friday. The average of estimated quarterly output for the financial year ending on March 31 comes in at 10.3 million tonnes.

  • Nippon Steel cuts full-year profit forecast by 6 percent on lower output
    Reuters5 months ago

    Nippon Steel cuts full-year profit forecast by 6 percent on lower output

    Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp on Wednesday warned its annual profit would be 6 percent less than previously forecast, citing lower crude steel output for the financial year ending on March 31. The company now estimates its annual profit will be 330 billion yen ($3.01 billion), down from its earlier guidance of 350 billion yen, under International Financial Reporting Standards (IFRS). Nippon Steel, the world's third-biggest steelmaker, also reduced its estimate for its annual crude steel output to 41.3 million tonnes from 42.1 million tonnes on a parent basis, due to troubles at its mills.

  • S. Korea orders seizure of Japan assets over forced labor
    Associated Press6 months ago

    S. Korea orders seizure of Japan assets over forced labor

    SEOUL, South Korea (AP) — A South Korean court said Wednesday it has ordered the seizure of local assets of a Japanese company after it refused to compensate several wartime forced laborers, in an escalation of a diplomatic brawl between the Asian neighbors.

  • Japan angry at Korean court's Nippon Steel decision, Seoul urges calm
    Reuters6 months ago

    Japan angry at Korean court's Nippon Steel decision, Seoul urges calm

    Japan on Wednesday demanded talks with South Korea over a Korean court compensation award against a Japanese company for using forced labourers during World War Two, saying all such claims were settled decades ago. Ties between the Asian neighbours have been frosty since the court ruled in October that Nippon Steel & Sumitomo Metal Corp should pay 100 million won (£70,074) to each of four South Korean plaintiffs. The court on Tuesday approved a request by the plaintiffs to seize assets held by Nippon Steel in South Korea.

  • Reuters6 months ago

    S.Korea court approves seizure of some of Nippon Steel's assets: Yonhap

    SEOUL (Reuters) - A South Korean court on Tuesday approved a request by plaintiffs in a wartime forced labour case to seize part of the local assets of Japan's Nippon Steel & Sumitomo Metal Corp, Yonhap ...

  • Lawyers try to seize Japanese assets over Korean forced work
    Associated Press7 months ago

    Lawyers try to seize Japanese assets over Korean forced work

    SEOUL, South Korea (AP) — Lawyers for South Koreans forced into wartime labor have taken legal steps to seize the South Korean assets of a Japanese company they are trying to pressure into following a court ruling to provide them compensation.

  • South Koreans seek Nippon Steel asset seizure in 'forced labour' case
    Reuters7 months ago

    South Koreans seek Nippon Steel asset seizure in 'forced labour' case

    South Korean plaintiffs in a World War Two forced labour court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday. The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan over the issue. Japan denounced a South Korean Supreme Court ruling in October that Nippon Steel should pay 100 million won ($90,500) to each of four South Koreans to compensate them for suffering forced labour during the war.

  • South Koreans seek Nippon Steel asset seizure in 'forced labor' case
    Reuters7 months ago

    South Koreans seek Nippon Steel asset seizure in 'forced labor' case

    South Korean plaintiffs in a World War Two forced labor court case against Japan's Nippon Steel & Sumitomo Metal Corp have applied to seize some of Nippon Steel's Korean assets, their lawyers said on Wednesday. The application for the asset seizure, if approved by the court, could further strain South Korea's already frosty bilateral relations with Japan over the issue. Japan denounced a South Korean Supreme Court ruling in October that Nippon Steel should pay 100 million won ($90,500) to each of four South Koreans to compensate them for suffering forced labor during the war.

  • Reuters7 months ago

    BRIEF-Acerinox Increases Its Stake In Bahru Stainless To 97 Pct

    Dec 21 (Reuters) - Acerinox SA: * SAID ON THURSDAY NISSHIN STEEL CO. LTD, OWNED IN 1 PERCENT BY ACERINOX, WILL SOON CEASE TO BE LISTED ON TOKYO STOCK EXCHANGE FOLLOWING ITS TAKEOVER BY NIPPON STEEL & SUMITOMO ...

  • Japan firm warned of legal step over Korean forced laborers
    Associated Press8 months ago

    Japan firm warned of legal step over Korean forced laborers

    TOKYO (AP) — Lawyers for Korean wartime forced laborers have demanded that a Japanese steelmaker respond to their request to discuss compensation, warning Tuesday that they will otherwise take steps to freeze its assets in their country.

  • S. Korea orders 2nd Japan firm to compensate forced laborers
    Associated Press8 months ago

    S. Korea orders 2nd Japan firm to compensate forced laborers

    SEOUL, South Korea (AP) — South Korea's top court on Thursday ordered a Japanese company to financially compensate 10 Koreans for forced labor during Tokyo's 1910-45 colonial rule of the Korean Peninsula, in the second such ruling in a month that again drew quick, vehement protests from Japan.

  • Nippon Steel braces for weaker prices amid fears over China slowdown
    Reuters8 months ago

    Nippon Steel braces for weaker prices amid fears over China slowdown

    Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp is bracing for a weaker steel market in Asia because the escalating Sino-U.S. trade war may crimp steel demand in top buyer China and in Southeast Asia, a senior executive said. "The biggest uncertainty is how steel demand and the market in China and Southeast Asia will change," Nippon Steel Executive Vice President Katsuhiro Miyamoto told Reuters in an interview last week.

  • Reuters8 months ago

    Nippon Steel rebuffs South Korean lawyers in forced labour row

    Lawyers seeking compensation for South Koreans forced to work for Japanese firms during World War Two on Monday demanded Japan's Nippon Steel & Sumitomo Metal Corp honour a South Korean court ruling that has strained ties between the two countries. The South Korean lawyers sought a meeting with Nippon Steel representatives at the company's Tokyo headquarters on Monday, but were turned away at the entrance. A Nippon Steel spokeswoman said its security officers spoke to the group at the visitors' entrance and told them the company's position had not changed.

  • Reuters9 months ago

    South Korean court infuriates Japan by ordering Nippon Steel to compensate WWII workers

    SEOUL/TOKYO (Reuters) - South Korea's top court ruled on Tuesday Japan's Nippon Steel & Sumitomo Metal Corp. must compensate four South Koreans for their forced labour during World War Two, a verdict Japan denounced as "unthinkable" while expressing hope that the uneasy neighbours' cooperation on North Korea would not be hurt. In a landmark ruling, South Korea's Supreme Court upheld a 2013 order for the company to pay 100 million won (68,451.44 pounds) to each of the four steel workers who initiated the suit in 2005, seeking compensation and unpaid wages.

  • Reuters9 months ago

    South Korea court orders Japan firm to compensate wartime forced labourers

    SEOUL (Reuters) - South Korea's top court ruled on Tuesday that Japan's Nippon Steel & Sumitomo Metal Corp. should compensate four South Koreans for their forced labour during World War Two when Japan ...

  • Reuters9 months ago

    ArcelorMittal, Nippon Steel chosen as final bidders for India's Essar Steel

    MUMBAI/TOKYO (Reuters) - Creditors of Essar Steel India Ltd (ESRG.UL) have approved a joint offer by ArcelorMittal SA (MT.AS) and Japan's Nippon Steel & Sumitomo Metal Corp as the final bid for the debt-laden asset, ArcelorMittal said in a statement on Friday. This paves the way for the two companies to take control of the 10 million tonne-per-year Essar Steel plant, marking the first participation of global steel majors in the fast-growing Indian steel market without a local partner. ArcelorMittal and Nippon Steel said they have already drawn up plans to double output of the unit in the coming years.