Tuesday 25 October 2016
Nippon Steel

Exxon's pipeline technology licence to Nippon

ExxonMobil Corporation has granted Nippon Steel Corporation the world’s first licence for patented field welding technology used to construct high-pressure pipelines made with X120 ultra high-strength steel linepipe. ExxonMobil pursued a


Nippon Steel halves outlook after 9-month loss

Nippon Steel, the world's second-biggest steelmaker, booked a nine-month loss on Thursday, hit by a slump in exports earlier in the year, and it halved its full-year profit outlook to below market consensus. Nippon Steel, which competes wi


Nippon Steel plans output cuts

Nippon Steel, the world's second-biggest steelmaker, said that it would double its planned output cuts for the October-March period in response to slowing demand for Japanese cars and machines. Nippon Steel president Shoji Muneoka told a n

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