Nippon Steel ‘not yet satisfied’ with US Steel reforms, Nikkei reports
FILE PHOTO: Nippon Steel Vice Chairman Takahiro Mori talks about its strategy in an interview with Reuters, in Tokyo, Japan August 28, 2025. REUTERS/Ritsuko Shimizu/File Photo
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
June 18 : Nippon Steel has seen positive results from efforts to improve operations at U.S. Steel, one year after its acquisition, but is not yet satisfied with the pace of reforms, the Nikkei newspaper reported on Thursday, citing the steelmaker’s vice chairman and executive vice president.
“We’re seeing improvements, but we’re not yet satisfied,” Nippon Steel’s Takahiro Mori told Nikkei in an interview.
Mori said Nippon Steel had identified 260 areas for improvement at U.S. Steel and was introducing its manufacturing know-how to improve production efficiency.
Neither U.S. Steel nor Nippon Steel immediately responded to Reuters requests for comment.
Mori told Nikkei that the company continues to pursue plans to build new steelmaking facilities in the United States and is evaluating locations, while also assessing investments in Pennsylvania’s Mon Valley Works that could increase because of inflation, equipment requirements and environmental reviews.
Nippon Steel completed its acquisition of U.S. Steel last year following regulatory scrutiny and commitments tied to national security.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
About The Author
