Steelmaker
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Refinancing the debt from its U.S. Steel purchase
Nippon Steel just borrowed money at its steepest cost in three decades. On June 10, 2026, the company sold ¥90 billion (about $560 million) of bonds, with the 10-year piece priced at a 3.202% coupon. That is its highest borrowing rate in roughly 30 years.
Updated Jun 10
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