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Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

2,015JPY
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Latest Key Developments (Source: Significant Developments)

Competition Commission Of India Approves Acquisition Of Stake In Sanyo Special Steel By Nippon Steel And Sumitomo Metal
Monday, 3 Dec 2018 06:53am EST 

Dec 3 (Reuters) - COMPETITION COMMISSION OF INDIA::APPROVES ACQUISITION OF 51 PERCENT STAKE IN SANYO SPECIAL STEEL BY NIPPON STEEL AND SUMITOMO METAL.APPROVES TRANSFER OF 100 PERCENT STAKE IN OVAKO AB TO SANYO.  Full Article

Nippon Steel Says It And Arcelormittal To Pay $5.7 Bln To Buy Essar Steel
Friday, 26 Oct 2018 12:30am EDT 

Oct 26 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>: :NIPPON STEEL AND ARCELORMITTAL SA [RIC:RIC:ARCMT.UL] TO PAY 420 BILLION INDIAN RUPEES ($5.72 billion) TO BUY ESSAR STEEL.ARCELORMITTAL TO BECOME MAJORITY OWNER OF ESSAR STEEL WITH SLIGHTLY HIGHER STAKE THAN NIPPON STEEL.  Full Article

Nippon Steel & Sumitomo Metal Says Essar Steel's Committee Of Creditors Declares ArcelorMittal, NSSMC's Joint Acquisition Partner, As Successful Applicant
Thursday, 25 Oct 2018 11:30pm EDT 

Oct 26 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>::ESSAR STEEL'S COMMITTEE OF CREDITORS DECLARES ARCELORMITTAL, NSSMC'S JOINT ACQUISITION PARTNER, AS SUCCESSFUL APPLICANT.  Full Article

Rio Tinto Approves $1.55 Bln Investment To Sustain Pilbara Iron Ore Production Capacity
Sunday, 30 Sep 2018 08:39pm EDT 

Sept 30 (Reuters) - Rio Tinto Plc ::RIO TINTO APPROVES INVESTMENT TO SUSTAIN PILBARA IRON ORE PRODUCTION CAPACITY.RIO TINTO-CO WITH JV PARTNERS MITSUI, NIPPON STEEL & SUMITOMO METAL, APPROVED INVESTMENT OF $1.55 BILLION TO SUSTAIN PRODUCTION CAPACITY AT TWO PROJECTS.RIO TINTO-INVESTMENT INCLUDES CO'S SHARE OF $820 MILLION.RIO TINTO- INVESTMENT TO SUSTAIN PRODUCTION CAPACITY AT TWO PROJECTS PART OF ROBE RIVER JV IN THE PILBARA REGION OF WESTERN AUSTRALIA.  Full Article

R&I affirms Nippon Steel & Sumitomo Metal's rating at "A+" and announces stable outlook -R&I
Friday, 20 Jul 2018 02:22am EDT 

July 20(Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I.Rating outlook stable -R&I.  Full Article

NS Solutions to change company name to NS Solutions
Wednesday, 16 May 2018 02:56am EDT 

May 16 (Reuters) - NS Solutions Corp <2327.T>:Says it will change company name to NS Solutions Corporation, effective April 1, 2019 .  Full Article

Amtek Auto Signs SPA With Nippon Steel And Sumimoto Metal
Wednesday, 18 Apr 2018 01:39am EDT 

April 18 (Reuters) - Amtek Auto Ltd ::SAYS SIGNS SHARE PURCHASE AGREEMENT WITH NIPPON STEEL AND SUMIMOTO METAL CORP.SAYS SMI AMTEK CRANKSHAFTS SHALL CEASE TO BE JV OF CO.  Full Article

Nippon Steel & Sumitomo Metal to buy Ovako AB
Thursday, 15 Mar 2018 02:37am EDT 

March 15 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>:Says it plans to buy 100 percent stake in Ovako AB, which is engaged in manufacture and sale of special steel .  Full Article

Topy Industries to buy wheels co Ring Techs
Sunday, 14 Jan 2018 11:44pm EST 

Jan 15 (Reuters) - Topy Industries Ltd <7231.T>:Says it will acquire 100 percent stake in Ring Techs Co.,Ltd, which is engaged in manufacture and sale of wheels, from NIPPON STEEL & SUMITOMO METAL CORP <<<5401.T>>>, with undisclosed price, effective Feb. 15 .  Full Article

Nippon Steel & Sumitomo Metal to merge with unit
Tuesday, 26 Dec 2017 11:56pm EST 

Dec 27 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>:Says it plans to merge with unit Nippon Steel & Sumikin Koutetsu Wakayama Corp, effective on April 1, 2018.Says unit will be dissolved after merger.  Full Article

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Lawyers in South Korean forced labor case set deadline for Nippon Steel response

TOKYO Lawyers representing South Korean plaintiffs in a World War Two forced labor court case against Japan's Nippon Steel & Sumitomo Metal Corp. have set a Dec. 24 deadline for the firm to show willingness to discuss a court verdict on compensation.