The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the financial year 2012-13 ended March 31, posting a net loss of JPY 124.6 billion ($2.2 billion), ...
It is learned that steelmaker Ternium, owner of Brazil’s Usiminas, quits the bidding of ThyssenKrupp’s asset Companhia Siderúrgica do Atlantico (CSA). In a conference call, the company’s CEO Daniel Novegil said the ...
Tags: Ternium, CSA, steelmaker
Reportedly, Japanese shipbuilders Sasaki Shipbuilding Co Ltd. (Sasaki) and Hakata Shipbuilding Co Ltd. (Hakata) for the first time in Japan, have decided to use a resource saving type duplex stainless steel, NSSC®2120, of Nippon Steel & ...
Recently, Baosteel Group Co., Ltd. chairman Xu Lejiang and his retinue attends 2013 International Iron and Steel Association Council special session and Executive Committee 49th meeting held in Vienna, Austria. During the meeting, Xu ...
Tags: Metallurgy, Mineral, steel
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
Japanese Nisshin Steel announced to raise its domestic prices for austenitic cold rolled coils (CRC) and tubes by ¥20,000/ton and increase its domestic prices for ferritic CRC and tubes by ¥10,000/ton from June deliveries. A ...
Tags: 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
It’s reported that the stocks of H-beam in the local distributor Tokiwakai Group totaled 196,700 tons at the end of March, rising by 5.2% from a month ago, according to Nippon Steel. To specify region, the inventory in Tokyo totaled ...
Tags: H Beam Stocks, steel
Nippon Steel & Sumikin Stainless (NSSC), the largest stainless steel producer in Japan announced to remain its list prices for ferritic and austenitic stainless steel sheets and plates unchanged for May deliveries. It’s known that ...
Tags: Stainless Prices, Mineral
Vuzix Corporation, a developer and supplier of wearable display systems, announced today the launch of the STAR 1200XLD, an all digital version of its much acclaimed STAR 1200XL Wide Field of View (WFOV) See-Through Augmented Reality Video ...
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