Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that it will conduct a share exchange with Sumitomo Pipe & Tube Co., Ltd. (SPT) effective as of August 1, 2013 to incorporate SPT as its wholly owned subsidiary. ...
Nippon Steel & Sumitomo Metal Corp (NSSMC) sets to bring up plate prices for domestic sales to reflect the higher raw materials costs caused by the rapidly weakening Japanese Yen. It's known that some US$50/ton extra will be added from May ...
Tags: Metallurgy, Mineral, Energy, Steel
It's reported that Japan's Nippon Steel & Sumitomo Metal Corp. (NSSMC) said that it has received orders for steel pipe piles with inner rib for the Australian Ichthys liquefied natural gas (LNG) project, together with Nippon Steel & Sumikin ...
Tags: Metallurgy, Mineral, Energy, steel
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that, together with its steel pipe pile joint corporation in Vietnam, Nippon Steel & Sumikin Pipe Vietnam Co., Ltd. (NPV), it has recently received orders for large ...
Tags: Metallurgy, Mineral, Energy, steel
Nippon Steel & Sumitomo Metal Corp. (NSSMC) announced to leave its contract prices for H-beam unchanged for April. Previously, NSSMC planned to raise its H-beam contract prices by a total of ¥10,000/ton in the first half of fiscal year ...
Tags: H-Beam, Metallurgy, Mineral, Energy
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that it has received a mining concession for the development of its Revuboe coking coal project in Tete Province, Mozambique. According to NSSMC, the Revuboe project ...
Nippon Steel & Sumitomo Metal (NSSMC) announced that Nippon Steel & Sumikin Coated Sheet, its subsidiary, has finished the investment to a joint venture with BlueScope from Australia. NSSMC bought the 50% share of the joint venture from ...
Tags: Metallurgy, Mineral, Energy, Nippon Steel, Sumikin Coated Sheet
Nippon Steel & Sumitomo Metal Corp. (NSSMC) has suspended cold rolled coil (CRC) exports to Indonesia after the Indonesian government announced to levy antidumping (AD) duty on CRC imports from Japan. According to data released by the South ...
Tags: Metallurgy, Mineral, Energy, steel, cold rolled coil
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced that NS BlueScope Coated Products, its coated products joint venture with Australia-based steel producer BlueScope Steel Limited, has been launched. BlueScope stated ...
Tags: NSSMC, Bluescope, BlueScope Coated Products
According to report, Australia’s BlueScope and the world’s second largest steelmaker have commissioned their $1.31 billion joint venture in coated products. Nippon Steel & Sumitomo Metal Corporation (NSSMC) will invest US$540 ...
Tags: Bluescope, Nippon JV, Metallurgy
Indonesia has imposed antidumping (AD) duty on cold rolled coil and sheet imports from China, Japan, South Korea, Taiwan and Vietnam to prevent material injury to domestic producers, as reported by Indonesian newspaper Jakarta Post. The ...
Tags: CRC, Steel, Metallurgy, Mineral, Energy, cold rolled coil
Nippon Steel & Sumitomo Metal (NSSMC) recently hiked its export quotes of grain-oriented electrical steel (GOES) by US$200/ton to China for April deliveries. Also, the company planned to raise the export quotes of non-grain oriented ...
Tags: NSSMC, Nippon Steel, Sumitomo Metal
According to report, Nippon Steel & Sumitomo Metal Corp (NSSMC) announced that it will raise domestic H-beam prices for March by ¥5,000/ton to bring the price to a profitable level. The company also decided to raise the prices by ...
Tags: NSSMC, H-Beam Prices, Mineral
It is reported that Japanese Nippon Steel & Sumitomo Metal (NSSMC) planned to extend its current production capacity in order to meet the strong demand in Domestic market. The company has indicated the country’s steel annual ...
Tags: NSSMC, Steel, steel consumption
Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC), the world's second biggest steel producer, has announced the outlines of its mid-term management plan. Accordingly, the company plans to streamline its operations given that ...
Tags: NSSMC, steel producer, Crude Steel