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Nippon Steel
Latest News
WSP Holdings Announces Agreement to Sell Assets of Houston OCTG
02 October 2012 - China's WSP Holdings Limited announced it has entered into a definitive agreement with Southern Tube, an affiliate of Nippon Steel & Sumitomo Metal Corp., for the sale of certain assets of its wholly-owned U.S. subsidiary, Houston OCTG Group.
Nippon Steel & Sumitomo to Push Cost Cuts Amid Competition
02 October 2012 - Nippon Steel Corp., which formally combined on 1 October with Sumitomo Metal Industries Ltd., will push to accelerate cost cuts in a bid to become more competitive with steelmakers in China and South Korea, Bloomberg reports.
Nippon Steel and Sumitomo Metals Announce Expansion Project for Robe River Joint Venture in Western Australia
26 September 2012 - Nippon Steel Corporation and Sumitomo Metal Industries announced they have decided to invest to expand capacity at Cape Lambert by 70 million tons per year. They will also replace existing port facilities which are jointly operated with the Rio Tinto group in the Pilbara region of Western Australia.
Nippon Steel and Sumitomo Metals Announce Expansion Project for Robe River Joint Venture in Western Australia
26 September 2012 - Nippon Steel Corporation and Sumitomo Metal Industries announced they have decided to invest to expand capacity at Cape Lambert by 70 million tons per year. They will also replace existing port facilities which are jointly operated with the Rio Tinto group in the Pilbara region of Western Australia.
BlueScope & Nippon Steel Establish Coated Products Joint Venture
13 August 2012 - Australia’s BlueScope and Japan’s Nippon Steel Corporation have agreed to form a new US$1.36 billion joint venture encompassing BlueScope’s ASEAN and North American building products businesses.
Nippon Steel and WISCO Plan Expansion to Tinplate Joint Venture
08 August 2012 - Nippon Steel Corporation and Wuhan Iron and Steel Corporation (WISCO) plan to double producion capacity at their Chinese joint venture, WISCO-Nippon Steel Tinplate Co., to 400,000 tonnnes/year of tinplate and 400,000 tonnes/year of tin mill black plate.
Japanese Group Establishes Automotive Steel Pipe and Tube Joint Venture in Mexico
06 August 2012 - Nippon Steel Corporation, Sumitomo Pipe & Tube Co., Sumitomo Corporation, and Metal One Corporation have established a joint venture company in Mexico to build a manufacturing and sales base for automotive steel pipe and tubes, as demand is expected to grow significantly there in the future.
Shareholders Approve Merger of Nippon Steel & Sumitomo Metal Industries
26 June 2012 - Nippon Steel and Sumitomo Metal Industries obtained approval at their respective annual shareholders' meetings regarding their merger agreement; as a result, the businesses will integrate and form Nippon Steel & Sumitomo Metal Corporation as of 1 October 2012.
Nippon Seeks $1.2 Billion in Compensation from POSCO Over Technology Dispute
22 June 2012 - Nippon Steel is demanding US$1.2 billion in compensation in a legal case charging POSCO with improperly obtaining electrical steel sheet technology.
