Tag «Nippon Steel & Sumitomo Metal Corporation»

Nippon Steel & Sumitomo MetalCorporation: Developing New Mining Areas in the Bulga Coal Mine in Australia

Nippon Steel & Sumitomo Metal Corporation (Representative Director & President: Kosei Shindo, hereinafter “our company”), having reached agreement with the Bulga Joint Venture (hereinafter “Bulga JV”) partners including a leading natural resource concern, Glencore plc. (headquartered in Baar, Switzerland, CEO: Ivan Glasenberg) to commence development of new mining areas (open-cut and underground operation) at the …

World Steel Association elects new officers and welcomes new members

Moscow, 08 October 2014 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2014/2015 at worldsteel’s 48th Annual Conference in Moscow, Russia. The new Chairman takes office from today, Wednesday 8th October, 2014. The new officers are elected for one year, until October 2015. Chairman: Wolfgang …

Rio Tinto hosts two prime ministers at its Pilbara operations in Western Australia

Japanese Prime Minister Shinzo Abe and Australian Prime Minister Tony Abbott highlighted the strong relationship between the two nations during a visit to Rio Tinto’s world-class iron ore operations in Western Australia. Rio Tinto chief executive Sam Walsh and Iron Ore chief executive Andrew Harding hosted the prime ministerial delegation, showcasing the operations and employees …

NSSMC: Commencement of SuperDyma™ production in Thailand

～Revamp the No.2 Metal Coating Line of NS BlueScope Thailand～ NS BlueScope Thailand, a company of NS BlueScope Coated Products which is a joint venture of Nippon Steel & Sumitomo Metal Corporation(President：Kosei Shindo, hereinafter “NSSMC”) and BlueScope Steel Limited, Australia (CEO: Paul O’Malley, hereinafter “BSL”) focusing on coated products (hot-dip galvanized steel sheets, painted steel …

Expansion of Crankshaft Forging Business in the U.S.- International Crankshaft Inc. will build No.4 Forging Press Line

International Crankshaft Inc. (“ICI”), a joint-venture subsidiary of Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) and Sumitomo Corporation (“Sumitomo Corp.”) that forges crankshafts in the U.S., decided to build a new forging press line. The car sales in North America are expected to grow by 7% for the next five years. Japanese and Korean automakers …

ArcelorMittal acquires ThyssenKrupp Steel USA with Nippon Steel & Sumitomo Metal Corporation for US$1,550 million

Luxembourg, Friday 29 November 2013 – ArcelorMittal today announces that it has entered into a 50/50 joint venture partnership with Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) to acquire 100% of ThyssenKrupp Steel USA (“TK Steel USA”) from ThyssenKrupp for an agreed price of US$1,550 million. TK Steel USA is a steel processing plant situated …

Nippon Steel: Start of Commercial Operation of Steel Sheet Joint-Venture in Vietnam

Nippon Steel & Sumitomo Metal Corporation and China Steel Corporation reached agreement, in August 2008, to establish China Steel Sumikin Vietnam Joint Stock Company (“CSVC”) for the manufacture and sale of cold-rolled steel sheet, hot-dip galvanized steel sheet, electrical steel sheet and other flat-rolled products, and have been subsequently pushing the construction and startup of …

World Steel Association elects new officers and welcomes new members

São Paulo, 07 October 2013 – The Board of Directors of the World Steel Association (worldsteel) has elected the following new officers for 2013/2014: Chairman: Joon-Yang Chung, Chairman and CEO, POSCO Vice Chairmen: Alexey Mordashov, CEO, Severstal JSC Wolfgang Eder, Chairman and CEO, voestalpine AG Treasurer: Eiji Hayashida, President and CEO, JFE Steel Corporation …

NSSMC: Capacity Expansion of the Automotive Steel Sheet Joint Venture in China

Nippon Steel & Sumitomo Metal Corporation (“NSSMC”) and Baoshan Iron & Steel Co., Ltd. (“Baosteel”) have been planning to construct the fourth hot-dip galvanizing line at a site neighboring the existing lines in BNA (Baosteel-NSC Automotive Steel Sheets Co., Ltd.), the joint venture between Baosteel and NSSMC, which operates within the compound of Baosteel in …