News: Sumitomo Corp (8053.T)

8053.T on Tokyo Stock Exchange

1,154JPY
8:51pm EST
Change (% chg)

¥-16 (-1.32%)
Prev Close
¥1,170
Open
¥1,146
Day's High
¥1,158
Day's Low
¥1,136
Volume
3,114,500
Avg. Vol
5,970,095
52-wk High
¥1,513
52-wk Low
¥1,056

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Wed, Jan 27 2016

Brazil's Gerdau, Japan's Sumitomo, JSW form wind power joint venture

Jan 27 Brazilian steelmaker Gerdau SA will form a joint venture with Japan's Sumitomo Corp and Japan Steel Works Ltd (JSW) to compete in the wind power sector in Brazil, Gerdau said on Wednesday.

Sherritt, Sumitomo take $1.7 bln hit on Madagascar nickel mine

TOKYO, Jan 13 Canada's Sherritt International Corp and Japan's Sumitomo Corp said on Wednesday they would book more than $1.7 billion of losses on their Ambatovy nickel mine in Madagascar, as prices at 12-year lows wreak havoc among miners.

EU mergers and takeovers (Jan 5)

BRUSSELS, Jan 5 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Sumitomo wins $300 mln order for gas-fired plant in Turkmenistan

TOKYO, Oct 26 Trading house Sumitomo Corp said on Monday it had won a $300 million order for a 400-megawatt gas-fired power plant in Turkmenistan, part of a package of deals announced on a visit to the Central Asian nation by Japanese Prime Minister Shinzo Abe.

EU mergers and takeovers (Oct 12)

BRUSSELS, Oct 12 The following are mergers under review by the European Commission and a brief guide to the EU merger process:

Sumitomo cuts Q4 LME aluminium price f'cast to $1,800 from $2,000

TOKYO, Aug 21 Japanese trading firm Sumitomo Corp has cut its forecast of London Metal Exchange (LME) aluminium prices to $1,800 in the October-December quarter from its January estimate of $2,000 due to rising exports from China and a stronger U.S. dollar.

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