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SUMITOMO METAL INDUSTRIES
China's control over indium phosphide exports threatens AI data centre rolloutAnderson's visit was partly to raise the issue of delays in China's export licenses involving the highly strategic material, essential in m...
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...
These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsWhat is evident in the last few trading sessions is how the street is treating Q4 earnings numbers. If a company delivers in terms of numbe...
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...
Gold rout spreads to other metalsChina's economy is set to expand at the slowest pace since 1990, curbing demand in the world's biggest consumer of metals.
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...
- 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.
- Sumitomo, Bhushan conducting study for West Bengal steel plant
Japan's third largest steel producer Sumitomo Metal Industries today said it is conducting studies to set up a steel plant in West Bengal w...
- Sumitomo Metal to buy 5.88% in SSWL
Steel Strips board has given nod to issue and allot 8.5 lakh equity shares to Sumitomo Metal at Rs 520 a share.
- Emerging hub for automotive steel
Thrust on small cars leading to Japanese interest in making auto grade steel in India.
- Tata Steel forms JV with Nippon Steel
Tata 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...
- Japanese steel companies' India plans
The likes of Japan’s sixth-largest steel company JFE Steel and Sumitomo Metal Industries are negotiating with JSW Group and Bhushan Steel, ...
- Sumitomo eyes stake in India steel plant
Sumitomo 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 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...
- Japanese steel cos bolster defences against takeovers
Nippon Steel, the world’s second-biggest steelmaker, and two Japanese rivals will spend 260 billion yen buying stakes in each other to bols...