TOKYO/NEW YORK — Fresh from its acquisition of U.S. Steel, Nippon Steel aims to boost crude steel output by over 60% to 100 million metric tons in 10 years and reclaim the top spot among global producers, Chairman and CEO Eiji Hashimoto told Nikkei recently.
The Japanese company became the world’s No. 1 steelmaker in the early 1970s, but relinquished the crown in the 2000s as Chinese rivals gained strength.