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SUMITOMO METAL CORPORATION
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsIt is probably time to be bullish as an investor. But remember two things. One: Valuations are still not cheap. Two: Because it is over and...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsOver the next few sessions, as the uncertainty caused by the Gulf war intensifies and makes you anxious, remember this: It is not the first...
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 ...
ArcelorMittal announces pricing of $750 million bond issueThe proceeds amounting to $745 million, will be applied towards repayment of existing debt.
CCI clears Nippon Steel's 51% acquisition in Sanyo SteelBesides, the regulator has approved transfer of 100 per cent shareholding in Ovako to Sanyo Steel.
CCI approves ArcelorMittal's acquisition of Essar SteelArcelorMittal and Numetal are in the race to acquire Essar, currently undergoing insolvency proceedings.
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...
Sajjan Jindal,T V Narendran elected to worldsteel key postsJohn Ferriola, Chairman, Chief Executive Officer, President, Nucor Corporation and POSCO CEO Ohjoon Kwon have been elected to the post of V...
Tata Steel-Nippon Steel & Sumitomo joint venture inaugurates new Rs 2,750 crore auto steel line at JamshedpurA leading global steel producer, NSSMC was established in 2012 following the merger of Nippon Steel Corporation and Sumitomo Metal Industri...
ArcelorMittal's Q1 net loss comes down to $0.205 billionThe company, headed by NRI billionaire Laxmi N Mittal, had clocked $0.345 billion net loss in the January-March quarter of the last year.
ArcelorMittal, NSSMC complete ThyssenKrupp AG's US steel mill buyArcelorMittal, Nippon Steel and Sumitomo Metal Corporation has completed acquisition of ThyssenKrupp AG's steel mill for US $ 1.55 billion.
ArcelorMittal gets US antitrust nod for Thyssenkrupp dealArcelorMittal today said it has got clearance from the American anti-trust body for acquisition of Thyssenkrupp Steel USA.
Competition Commission clears Toho Titanium-Nippon Steel dealTTC is to purchase 34 per cent in a newly incorporated subsidiary -- Nippon Steel & Sumikin Naoetsu Titanium Co (NSSNTC).
- Nippon Steel & Sumikin Engineering hopes to maintain revenue from India at $60 mn level
Nippon Steel & Sumikin Engineering (NSENGI), a 100 per cent subsidiary of the Japanese steel major Nippon Steel and Sumitomo Metal Corporat...
- Nippon Steel, Sumitomo Metal to formally merge tomorrow
Earlier this month, the two companies had announced an agreement to integrate and reorganise their business operations on the scheduled dat...
- Japanese keen to invest in Odisha's steel sector
Japanese steel makers are keen to invest in Odisha, but would wait till Posco's proposed 12mtpa steel project takes off near Paradip.
- CCI approves merger of Nippon Steel, Sumitomo Metal Industries
Competition watchdog CCI has approved the proposed merger of Japan-based steel giants Nippon Steel Corporation and Sumitomo Metal Industrie...
- Nippon, Sumitomo Metal may retain Tata Steel as ally
Companies likely to retain Tata Steel as their lone partner in India to avoid possible project duplication and competition issues.
- Brazil steelmaker CSN sells part of iron ore mine
Brazilian 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...
- Neel Metal plans 52.51 lakh share IPO
Neel Metal Products Ltd will issue 52,51,000 equity shares of Rs 10 each in its proposed initial public offering, for which it has filed pa...