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SUMITOMO METAL CORP
Berkshire raises stakes in five Japanese trading houses to near 10%Warren Buffett's Berkshire Hathaway has expanded its investments in five leading Japanese trading houses, increasing its stakes in Mitsui, ...- Most Japanese shares fall amid mixed earnings; oil stocks climbMazda Motor Corp lost 2.69% after the car-maker cut sales and profit guidance due to production constraints. Sumitomo Metal Mining Co plung...
- Nikkei closes below 28,000 level for second day despite Wall Street boostLike Monday, the Nikkei briefly traded above that level but pared gains before the close amid caution ahead of this week's Federal Reserve ...
- Warren Buffett’s 1977 letter hints at why he likes Japan trading housesWhile Buffett has offered few details on what attracted him to names like Itochu Corp. and Mitsui & Co., investors could do worse than look...
- ArcelorMittal to make $1 bln creditor payment to bid for Essar SteelEssar Steel's committee of creditors now has an eight-week period to evaluate bids.
- Nikkei ends flat, snaps 8-day rally on US-China trade war fearsThe Nikkei gained 1.2 per cent for the week and 1.4 per cent for the month.
- Nikkei tumbles 2% to 5-week low as emerging market rout hits sentimentJAPAN-STOCKS/Nikkei tumbles 2 pct to 5-week low as emerging market rout hits sentiment
- Amtek Auto sells its SMI JV stake to Nippon Steel and Sumitomo Metal CorpAmtek Auto is one of the 12 large insolvency cases which are undergoing insolvency resolution process with the National Company Law Tribuna...
- Vedanta unlikely to participate in rebidding of Essar SteelVedanta had submitted an Expression of Interest (EoI) for Essar Steel but did not bid for the bankrupt steel maker which owes over Rs 45,00...
- ArcelorMittal plans to rebid for Essar SteelThe SBI-led consortium of creditors had this week rejected the bids by ArcelorMittal and Numetal finding them ineligible under the IBC.
- Essar Steel re-bidding issue may be taken up on Wednesday: SourcesThe meeting is likely to take a decision on the eligibility of bids offered by ArcelorMittal and Numetal for the bankrupt firm. The option ...
- Essar Steel's $6 billion sale is said to face delayA committee of Essar Steel creditors, originally slated to convene earlier this week, has postponed a meeting to discuss the offers, accord...
- Essar Steel creditors' panel meeting with IRP deferredThe IRP and the CoC could not decide on the eligibility of the bidders who have submitted resolution plans for Essar Steel, a person in the...
- Donald Trump roars, China yawns, US shoots itself in footChina's steelmakers care much more about is their domestic market, which consumes about half of the world's steel and has been doing rather...
- SAIL in talks with Nippon Steel, Kobe on plant operations"SAIL is in preliminary discussions with Nippon Steel & Sumitomo Metal Corp and Kobe Steel on various areas of operations of steel plants,"...
- India slaps anti-dumping duty on steel products from 6 nationsAn anti-dumping duty of USD 474 per tonne was imposed on import of hot-rolled flat products of alloy or non-alloy steel of a width up to 21...
- Emerging hub for automotive steelThrust on small cars leading to Japanese interest in making auto grade steel in India.
- Tata Steel forms JV with Nippon SteelTata Steel, in continuation of an industry-wide trend, said it has formed a 51:49 joint venture with Japan’s Nippon Steel for production an...
- Sumitomo eyes stake in India steel plantSumitomo Metal Industries of Japan is eyeing a stake in a steel plant being built by Bhushan Steel in West Bengal.
- Brazil steelmaker CSN sells part of iron ore mineBrazilian steelmaker CSN says it has reached a deal to sell 40 percent of its Namisa iron ore mine to a consortium of Asian companies for U...
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