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Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

2,212JPY
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Mon, May 21 2018

Japan's Nippon Steel says solid demand mutes impact of U.S. duties

TOKYO Strong global demand has helped cushion the impact on Nippon Steel & Sumitomo Metal Corp of new U.S. import duties, but Japan's top steelmaker remains worried Washington's trade barriers could lead to a glut in Asia, a much bigger market for the company.

UPDATE 2-Japan's top steelmakers post jumps in annual profits on higher product prices

* Nippon Steel FY17/18 profit up 71 pct, JFE profit jumps 155 pct

Nippon Steel aims to boost FY18/19 crude steel output by 3-6 pct

TOKYO, April 26 Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, aims to boost crude steel output by 3 to 6 percent in the year through March 2019 from the previous year, when system trouble and typhoons caused slow production, its executive said on Thursday.

Nippon Steel annual profit jumps 71 percent on higher product prices

TOKYO Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, on Thursday posted a 71 percent jump in annual profit, led by healthy demand at home and higher prices of steel products, but it gave no forecast for the year just started.

BRIEF-Amtek Auto Signs SPA With Nippon Steel And Sumimoto Metal

* SAYS SIGNS SHARE PURCHASE AGREEMENT WITH NIPPON STEEL AND SUMIMOTO METAL CORP

Nippon Steel to buy Sweden's Ovako to expand Europe specialty steel business

TOKYO Nippon Steel & Sumitomo Metal Corp on Thursday said it will buy Sweden's Ovako which makes specialty steel used in industries including wind power generation and robotics, a move that gives Japan's biggest steelmaker a manufacturing base in Europe.

ArcelorMittal teams up with Nippon Steel to bid for Essar Steel

ArcelorMittal SA, the world's largest steelmaker, said on Friday it would form a joint venture with Japan's Nippon Steel & Sumitomo Metal Corp to bid for bankrupt steelmaker Essar Steel India Ltd.

ArcelorMittal teams up with Nippon Steel to bid for India's Essar Steel

ArcelorMittal SA , the world's largest steelmaker, said on Friday it would form a joint venture with Japan's Nippon Steel & Sumitomo Metal Corp to bid for bankrupt steelmaker Essar Steel India Ltd.

UPDATE 2-ArcelorMittal teams up with Nippon Steel to bid for India's Essar Steel

* Company submitted a bid last month to partner with Nippon Steel

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