Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC), the world's second biggest steel producer, has denied media reports suggesting that the steelmaker will shut down the oldest of its three blast furnaces at its steel mill in Kimitsu ...
According to report, Japan’s Maruichi Steel Tube said it will life up all steel pipe and tube prices by ¥10,000/ton (US$108/ton) for April shipments. The price rise reflects the higher input costs, especially the hot rolled coils. ...
According to data, the 7 major stainless steel producers in Japan produced 312,856 tons of crudes stainless steel in January, rising by 15.5% from a month ago. In January, Nippon Steel & Sumitomo Metal Corporation (NSSMC) Yawata Works ...
Tags: stainless steel producers, stainless steel, steel producers
Japanese Nippon Steel & Sumitomo Metal (NSSMC) announced to hike its steel plate export prices to Asia by US$20/ton for April and May. The new prices are at US$670/ton CFR. Recently, the demands for steel plates from construction and ...
Tags: steel plate export, steel plate, steel
Japanese Nippon Steel & Sumitomo Metal announced to raise its heavy plate price by JPY3000/ton (US$32/ton) for March again since price up in February by JPY3000/ton (US$32/ton). Due to the weak market, mill’s profit was cut ...
Tags: Nippon Steel, Sumitomo Metal, Steel
Nippon Steel & Sumikin Shapes (NSSS), a subsidiary of Nippon Steel & Sumitomo Metal Corp (NSSMC), the largest steelmaker in Japan informed its distributors to raise the prices of H beam by 3,000yuan/ton for February contracts. A ...
Tags: NSSS, H Beam Prices, Nippon Steel
The world's second biggest steelmaker Japan-based Nippon Steel & Sumitomo Metal Corp. (NSSMC) has announced its financial results for the third quarter ending December 31 of the financial year 2012-13, posting a net profit of JPY 24.7 ...
Tags: NSSMC, steelmaker, Japan
It’s reported that Nippon Steel Sumitomo Metal and ArcelorMittal plan jointly bid for ThyssenKrupp's steel business in North America, in order to improve the production of steel sheets for automobiles. It’s known that ...
Tags: Nippon Steel, JFE steel, steel sheets
Reportedly, Japanese JFE Steel planned to raise its domestic prices for construction steel products by 15,000 yuan/ton for April contracts. It's learned that the price rise will be mainly applied to the commodity grade plates, pipes and ...
Tags: Steel, construction steel, JFE Steel
Vale announced Monday that the Port of Kimitsu, in Japan, received a Valemax vessel for the first time on January 19. The Vale Brasil, which has a capacity to transport up to 400,000 metric tons of ore and is capable of reducing carbon ...
Tags: Vale, Port of Kimitsu, vessel
According to statistics, the 7 major stainless steel mills in Japan produced 251,055 tons of crude stainless steel in November, falling by 17.3% from a month ago. Nippon Steel & Sumitomo Metal produced 69,361 tons, rising by 5%; JFE ...
Tags: Japan, stainless steel mills, crude stainless steel, steel market
Japanese steelmaker Nippon Steel&Sumitomo Metal Corporation has announced the reversal of the special losses reported due to impairment of the valuation of investments in securities in the second quarter of the financial year ending March ...
Indonesian state steelmaker Krakatau Steel on Wednesday signed a joint venture agreement with Japanese company Nippon Steel & Sumitomo Metal Corporation to build a steel plant that will supply the domestic automotive industry. The joint ...
Tags: Krakatau Steel, Auto Industry
It is reported that Indonesia’s Krakatau Steel has announced a long products joint venture with Japanese Osaka Steel. It’s learned that the two companies has already signed a joint venture agreement on December 26th, 2012 to set ...
Tags: Krakatau Steel, products, joint venture, Osaka Steel
Nippon Steel&Sumitomo Metal Corporation and PT Krakatau Steel have agreed to conduct a detailed study to jointly launch a business for the manufacture and sales of automotive flat steel products in Indonesia. This will be done with a view ...
Tags: steel, Indonesia, high-grade automotive