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
Nippon requests Japan’s government restrict steel imports from China
Nippon Steel and other Japanese steelmakers are lobbying for the Japanese government to limit imports of Chinese steel, according to a report in Reuters.
SSAB taps Sjöström as new president, CEO
SSAB has appointed Johnny Sjöström as president and CEO of the Swedish steelmaker.
ArcelorMittal Q2 earnings dive, Mexican strike hits profits
ArcelorMittal’s earnings fell precipitously from a year earlier as the company said current market conditions are unsustainable.
Nippon withdraws from JV with China’s Baosteel
Japan’s Nippon Steel announced it was withdrawing from a joint venture (JV) with China's Baoshan Iron & Steel (Baosteel) that served the Chinese automotive industry.
SSAB adjusts output in weak Q3, readies for Q4 rebound
SSAB said lower plate prices in the US were the primary reason for reduced results in the second quarter. With a dismal Q3 outlook, the Swedish steelmaker is adjusting production across its facilities. That includes moving up its annual US mill outage in anticipation of a better Q4. SSAB Americas Revenues in the Americas segment […]