Nippon Steel is considering the sale of $3.2 billion in convertible bonds

The steelmaker needs capital to expand its overseas operations, including in the US and India, and for decarbonization initiatives. | Photo credit: REUTERS/Issei Kato Japan’s Nippon Steel is considering selling as much as 500 billion yen ($3.2 billion) of convertible bonds, according to two sources with knowledge of the matter, in a deal that would […]