International Steel Mills
Nippon Steel taps Hashimoto as CEO
Written by Ethan Bernard
January 12, 2024
Nippon Steel said Eiji Hashimoto has been named chairman and CEO, effective April 1.
Hashimoto currently serves as president of the Japanese steelmaker. He was quoted earlier this month saying he believes Nippon’s planned buy of U.S. Steel will be successful.
Additionally, Tadashi Imai, currently EVP, will serve as president and COO, effective April 1, Nippon said in a statement. Imai is also head of the company’s green transformation development, among other projects, according to Nippon’s website.
Ethan Bernard
Read more from Ethan BernardLatest in International Steel Mills
Ternium’s Vedoya named AIST’s Steelmaker of the Year
Maximo Vedoya was awarded in recognition of Ternium’s expansion project in Pesquería, Mexico, and Ternium’s efforts to decarbonize steelmaking.
CRU: Baosteel hints at output cuts in China
Baosteel exec comments on market rumors of 50 million tons of output being cut this year, less than 0.5% of the 1 billion tons-plus China has produced annually in recent years.
POSCO mulls teaming up with Hyundai on Louisiana mill
South Korea’s POSCO is eyeing linking up with Hyundai Steel in the project to build a steel plant in Louisiana, according to media reports.
Global steel production edges lower in February
February’s global raw steel output is tied with last December's for the fourth-lowest monthly production rate recorded over the past two years.
Japanese PM cites ‘unjust political interference’ in Nippon/USS deal: Report
Japan’s Prime Minister Shigeru Ishiba said on Monday that former President Joe Biden’s decision to block Nippon Steel’s buy of U.S. Steel was “unjust political interference,” according to a report in Reuters. This comes after another Reuters report on Friday saying that President Trump would not object to Nippon taking a minority stake in the […]