Metal Products

Nippon Koshuha Steel Co., Ltd.

AMSYF

5401

5476

9810

PICK

The electrical steel market is projected to grow from USD 62.93 billion in 2026 to USD 83.23 billion by 2031, with a CAGR of 5.8%. Key drivers include advancements in manufacturing technologies and increasing demand in energy and automotive sectors. The non-grain-oriented segment is expected to dominate, while the transformers application will see the highest growth. Major players include ArcelorMittal, POSCO, and Nippon Steel. The market is essential for efficient electrical systems, supporting renewable energy and electric mobility.

prnewswire

ArcelorMittal S.A.

ArcelorMittal

NIPPON STEEL CORP.

NIPPON STEEL TRADING CORPORATION

POSCO

ISHRS MSCI Glb Slct Met & Mining

VanEck Steel ETF

Invesco DB TR Base Metals ETF

Cleveland Cliffs

ANGANG STEEL

ANSTEEL

06:40 ETElectrical Steel Market worth $83.23 billion by 2031 - Exclusive Report by MarketsandMarkets™

5563

Nippon Denko Details Relationship and Transactions With Major Shareholder Nippon Steel

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Nippon Denko Co., Ltd.

Nippon Denko Details Relationship and Transactions With Major Shareholder Nippon Steel

Nippon Steel has launched a record-breaking convertible bond offering, highlighting Japanese firms' strategies for securing affordable financing. This initiative reflects a trend among Japanese companies to optimize capital structures and reduce costs amid economic fluctuations. Convertible bonds allow firms to raise capital while potentially lowering interest expenses. Nippon Steel's offering sets a new benchmark in Japan's market and may influence other corporations to adopt similar funding strategies to enhance competitiveness and financial stability.

CoinLive

Nippon Steel's Convertible Bond Offering Highlights Japanese Firms' Funding Strategies

Nippon Steel's shares fell sharply by 5.6% after announcing a near $4 billion convertible bond sale to fund its acquisition of U.S. Steel. The company plans to issue two tranches of zero coupon bonds, raising a total of $3.85 billion, to refinance existing debt from the acquisition. This bond issuance is the largest in Japanese corporate history, with analysts predicting potential dilution and increased debt servicing costs impacting the stock.

MorningStar

Nippon Steel Shares Tumble After Announcing Near $4 Billion Bond Sale

Nippon Steel plans to raise $3.9 billion through Japan's largest convertible bond offering, increasing its total to 600 billion yen. This move aims to refinance its $15 billion acquisition of U.S. Steel and fund a $6 trillion investment over five years. The offering, split into two tranches, is designed to minimize shareholder dilution. Despite widening its net loss forecast to 70 billion yen due to operational challenges, Nippon Steel is focusing on growth in markets like the U.S., India, and Thailand, with a goal to boost global steel production capacity significantly by the mid-2030s.

Nippon Steel to raise $3.9 billion in Japan's biggest convertible bond offer ever

Nippon Steel plans to raise 550 billion yen ($3.55 billion) through a convertible bond sale, marking Japan's largest corporate bond offering. The funds will refinance its $15 billion acquisition of U.S. Steel and support business expansion. The bond will be issued in two tranches, maturing in 2029 and 2031, with zero coupon and stock acquisition rights. Nippon Steel aims to invest 6 trillion yen over five years, including $11 billion in U.S. Steel. Analysts note this strategy minimizes shareholder dilution and supports overseas growth while maintaining financial discipline.

Nippon Steel to raise $3.6 billion in Japan's biggest convertible bond offer ever

Nippon Steel's sales for the nine months ending December 31, 2025, hit 7.26 trillion yen, up 10.7% year-over-year, but operating profit plummeted 81.1% to 107.05 billion yen.1Nippon Steel Corporation aims to raise 550 billion yen ($3.55 billion) via a Euro-Yen convertible bond sale, split into two tranches of 275 billion yen, maturing in 2029 and 2031.2

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Key facts: Nippon Steel's sales rise 10.7%; operating profit drops 81.1%

Nippon Koshuha Steel Co., Ltd.(5476.JP)

06:40 ETElectrical Steel Market worth $83.23 billion by 2031 - Exclusive Report by MarketsandMarkets™

Nippon Denko Details Relationship and Transactions With Major Shareholder Nippon Steel

Nippon Steel's Convertible Bond Offering Highlights Japanese Firms' Funding Strategies

Nippon Steel Shares Tumble After Announcing Near $4 Billion Bond Sale

Nippon Steel to raise $3.9 billion in Japan's biggest convertible bond offer ever