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Today's flows: 12/23 Disco saw an inflow of JPY¥ 8.81 billion, Mitsubishi Heavy Industries saw an outflow of JPY¥ 9.26 billion
On December 23rd, the TSE Main Market saw an inflow of JPY¥ 687.2 billion and an outflow of JPY¥ 648.65 billion.$Disco(6146.JP)$, $Toyota Motor(7203.JP)$ and $Advantest(6857.JP)$ were net buyers of
Japan Iron and Steel: The White House exerted improper influence to block its acquisition of United States Steel.
Japan's Nippon Steel stated that during the National Security review process by U.S. authorities regarding its acquisition of United States Steel for 14.9 billion dollars, the White House exerted "inappropriate influence that should not have occurred." The company also threatened legal action if the Trade encountered impediments. The media reported that Nippon Steel and United States Steel's lawyers made these allegations in a letter to the Committee on Foreign Investment in the United States (CFIUS) on December 17. Earlier, reports indicated that last weekend, CFIUS raised issues concerning alleged unresolved National Security risks in a lengthy 29-page letter, leading to Biden's long-standing opposition to this merger.
Express News | Nippon Steel, U.S. Steel Allege White House Has Had 'Impermissible Influence' Over CFIUS Review Of Proposed Tie-Up-Letter; White House Denies Allegations Of Undue Influence; Nippon Steel, U.S. Steel Vow To Challenge An Expected Block Of The Deal In...
U.S. Steel Stock Is Falling. This Time, It Isn't Trump. -- Barrons.com
Established CO2 reduction technology in blast furnaces using hydrogen ～ The world's first test furnace achieved a 43% reduction in CO2, reaching the development goal ahead of schedule ～
Establishment of CO2 reduction technology using hydrogen in blast furnaces ～Achieved a 43% reduction in CO2 in the world's first test furnace, achieving development goals ahead of schedule～ 2024/12/20 Nippon Steel Corporation. Nippon Steel Corporation (hereinafter referred to as Nippon Steel) is working on the development of three ultra-innovative technologies, receiving support from the government under the "Nippon Steel Carbon Neutrality Vision 2050." One of them, "Hydrogen Reduction in Blast Furnace," uses hydrogen instead of coal for the reduction of iron ore in the blast furnace to reduce CO2 emissions.
Regarding the acquisition of interests in the Kami iron ore mine in Canada and the basic agreement for the establishment of a joint venture.
Regarding the acquisition of interests in the Kami iron ore mine in Canada and the basic agreement for the establishment of a joint venture, on 2024/12/19, Nippon Steel Corporation is acquiring the interests in the Kami St. George iron ore mine located in Newfoundland and Labrador, Canada, owned by Champion Iron Limited, which is considering new developments, and the establishment of a joint venture for development and operation, along with Sojitz Corporation.
