Yawata Iron & Steel Co., Ltd.
Japanese company
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merger into Nippon Steel
- In Nippon Steel Corporation
…by the 1970 merger of Yawata Iron & Steel Co., Ltd., and Fuji Iron & Steel Co., Ltd. It ranks among the world’s largest steel corporations. Its headquarters are in Tokyo, and it has several offices overseas.
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subsidization
- In Japan: Social change
…Chinese indemnity to subsidize the Yawata Iron and Steel Works in northern Kyushu, which came into production in 1901 and greatly expanded Japan’s heavy industrial sector. At the same time, textile and other consumer-goods industries expanded to meet Japanese needs and to earn credits required for the import of raw…
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