Nippon Steel Archive

ArcelorMittal and Nippon Steel complete acquisition of Essar Steel

16 December 2019 – 12:40 CET – ArcelorMittal announces that it has today completed the acquisition of Essar Steel India Limited (‘ESIL’), and simultaneously established a joint venture with Nippon Steel Corporation (‘Nippon Steel’), called ArcelorMittal Nippon Steel India Limited (‘AM/NS India’), which will own and operate ESIL. ArcelorMittal holds 60 per cent of AM/NS

ArcelorMittal submits offer in re-bidding process for Essar Steel India Limited in connection with joint venture with Nippon Steel & Sumitomo Metal

ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation (‘NSSMC’) announce that ArcelorMittal’s subsidiary ArcelorMittal India Private Limited (‘AMIPL’) has today submitted an offer in the re-bidding process for Essar Steel India Limited (‘Essar Steel’) in connection with the joint venture between ArcelorMittal and NSSMC to jointly acquire and manage Essar Steel. NSSMC is Japan’s leading

Strategic Alliance for New DR/BF– Ironmaking Technologies between Tenova, Danieli, and Nippon Steel & Sumikin Engineering

May 20th, 2014 – Tenova HYL and Danieli & C, have entered into an agreement with Nippon Steel & Sumikin Engineering Co., Ltd. (NSENGI) to combine and commercialize their Energiron DR technology with an optimized blast furnace technology, as well as syngas technology (high efficiency coal gasification and steelworks by-product gas utilization technology) developed and

Sale of ThyssenKrupp Steel USA completed

The sale of the ThyssenKrupp Steel USA rolling and coating plant in Calvert, Alabama to a consortium of ArcelorMittal and Nippon Steel & Sumitomo Metal Corporation is completed. Upon closing, ThyssenKrupp received a purchase price of 1.55 billion US dollars from the consortium. At the same time a valuable long-term slab supply contract has been

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

Nippon Steel – Study on the Possible Establishment of a Joint Venture to Manufacture and Sell Automotive Flat Steel Products in Indonesia

Nippon Steel & Sumitomo Metal Corporation (hereinafter “NSSMC”) (Chairman & CEO: Mr. Shoji Muneoka) and PT Krakatau Steel (Persero) Tbk (hereinafter “PTKS”) (president director: Mr. Irvan Kamal Hakim) have agreed to conduct a detailed study to jointly launch a business for the manufacture and sales of automotive flat steel products in Indonesia (hereinafter, referred to

NSSMC Receives Highest-Ranked “Best Partner Award” from Panasonic for A Second Consecutive Year

Today, Nippon Steel & Sumitomo Metal Corporation (NSSMC) received from Panasonic Corporation the Best Partner Award, the highest of its kind, at the Panasonic Excellent Partners Meeting. NSSMC also received the Gold Award and the two Encouragement Award for ECO-VC (Value Creation) Initiatives on the same occasion. At the ceremony, Hiroshi Tomono, President & COO