Japanese Steel Industry Asks Nuclear Power to be Maximized

Japan Iron and Steel Federation President Eiji Hashimoto told reporters that the country’s steel industry wants the new government to maximize the use of nuclear power.

The federation’s chairman Hashimoto, is also the president of Japan’s largest steelmaker, Nippon Steel Corp.

Hashimoto also said that his company would target large domestic manufacturers such as automakers to seek increases in steel prices. He added that they would also look for six month price negotiations, where prices are set after product shipment.

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now

Need to access the insight?

Start your 7-day free trial now


Do you need to access special insights on this matter?

Start your 7-day free trial  and become a member today


Get your daily Business Brief

Subscribe free to Business Brief

Business Brief delivers the latest insights straight to your inbox

You'll get daily industry insights on

Energy, Cleantech, Oil & Gas, Mining, Defense, Aviation, Construction, Transportation, Online Retail, Bigtech, Finance and Politics of Business

By clicking subscribe you agree to our privacy and cookie policy and terms and conditions of use.

Read more insights

Special Report-Israeli Government Approves EastMed Pipeline Agreement

Israeli Government approved the EastMed pipeline agreement signed with Greece and Southern Cyprus on January, 2nd. The agreement aims to deliver Eastern Mediterranean natural gas to Europe through Southern Cyprus and Greece. 

Future of Copper Supply Depends on New Investments

Global demand for copper is expected to surpass supply by more than six million tonnes by the end of the decade. A difference of this level between supply and demand will create serious issues for a range of industries from electric vehicles (EV) to consumer electronics as there is currently no substitute for the metal in electrical applications. There is growing need for investment in copper mining.

Brazil’s Eletrobras, Shell Consider Partnership in Offshore Wind

Brazilian power generation company Eletrobras and Shell have signed a cooperation agreement to look for co-investment opportunities to develop offshore wind power in the Latin American country. The agreement marks another step for Shell, which has already applied for several wind projects and waiting for approval from Brazilian environmental authorities. The deal also signals a new development for Eletrobras’ renewable energy business. The company said it was looking to diversify its strategy in the sector after being privatized earlier this year.  

Stay informed

error: This content is protected !!