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...A South Korean district court has decided to freeze the local assets of Nippon Steel & Sumitomo Metal after the Japanese steelmaker refused to compensate four wartime Korean labourers, in a move that could...
...At Calvert, close to Mobile, ArcelorMittal and Nippon Steel & Sumitomo Metal Corp jointly own a state of the art steel-finishing plant, which supplies the automotive industry among others....
...and Japan’s Nippon Steel & Sumitomo Metal in Calvert, Alabama....
...Baosteel Group built a blast furnace in Shanghai in the 1980s with support from Japanese steelmakers including Nippon Steel & Sumitomo Metal....
...Last month, Japan’s biggest steelmaker, Nippon Steel & Sumitomo Metal, said it would buy domestic stainless steel producer Nisshin Steel as it seeks scale to weather the global downturn....
...A metal industry survey in 2015 was followed by Nippon Steel & Sumitomo Metal saying last month that it would buy smaller rival Nisshin Steel....
...The Calvert mill – which ArcelorMittal and Japan’s Nippon Steel & Sumitomo Metal jointly acquired in February for $1.6bn – produces steel that retains its strength even when rolled out far more thinly than...
...(WSJ) “ThyssenKrupp is nearing an agreement to sell its steel-rolling mill in Alabama to ArcelorMittal and Nippon Steel & Sumitomo Metal for around $2 billion, according to people familiar with the matter...
...Finally, gold bugs may be getting a bit worried about bullion price action. The yellow metal fell $26 to $1,608 an ounce. Additional reporting by Jamie Chisholm in London...
...Kobe Steel led the benchmark, climbing 6 per cent to Y71, while JFE Holdings rose 5.3 per cent to Y1,136. Nippon Steel & Sumitomo Metal gained 4.8 per cent to Y175....
...Earnings Essar Energy F1 $0.11 ( - ) Earnings Carpetright F1 10.75p (4.50p) Shareholder meetings Mazda Motor MGM Advantage Mitsubishi Motors Nippon Telegraph and Telephone Corporation Nippon Steel...
...Sumitomo Metal Industries, which is to merge with Nippon in October to create the world’s second-largest steelmaker, climbed 5.4 per cent to Y118....
...The sub-sector fell 4.1 per cent, led lower by Nippon Steel, which lost 5.6 per cent to Y151, and Sumitomo Metal Industries, down 5.1 per cent to Y111....
...The broker cut Kobe Steel’s target price from Y77 to Y65, lowered JFE Holdings from Y1,050 to Y1,030 and the newly merged Nippon Steel & Sumitomo Metal from Y163 to Y155, saying tougher business conditions...
...Nippon Steel & Sumitomo Metal gained 5.7 per cent to Y168, while carmaker Mazda Motors rose 3.5 per cent to Y90....
...Australia’s S&P/ASX 200 index gained 0.3 per cent to 4,647.97 with iron ore miner Fortescue Metals jumping 4.1 per cent to A$4.53 on plans to resume expansion work in the new year on its Kings deposit in...
...Nippon Light Metal Holdings fell 9.1 per cent to Y70, while Nisshin Steel shed 4.9 per cent to Y795. Profit warnings continued to dog the index....
...The dollar index rose 0.5 per cent, forcing gold lower by $5 to $1,772 a troy ounce. The precious metal rose 11 per cent this quarter in its best quarterly performance since 2010....
...Nippon Steel rose 6.7 per cent to Y160, while Sumitomo Metal Industries gained 5.5 per cent to Y116....
...Nippon Steel fell 2.1 per cent to Y235, Sumitomo Metal Mining lost 2.1 per cent to Y1,178 and JFE Holdings shed 2.1 per cent to Y1,832....
...Sumitomo Metal Mining climbed 4.1 per cent to Y152, while Nippon Steel gained 3 per cent to Y207 and Pacific Metals added 2.9 per cent to Y425....
...Steelmakers were lifted by Japan’s higher-than-expected first-quarter economic growth with Kobe Steel up 3.1 per cent to Y100, Sumitomo Metal Industries adding 4.6 per cent to Y136 and Nippon Light Metal...
...Among those companies which export steel to China, JFE Holdings climbed 5.4 per cent to Y1,687, while Nippon Steel gained 4.5 per cent to Y233, Nisshin Steel rose 4.5 per cent to Y140 and Sumitomo Metal...
...Japan’s Nikkei 225 Stock Average eased 0.3 per cent to 9,561.36 as industrial stocks fell, including steelmaker JFE Holdings, down 3.3 per cent to Y1,557, and Sumitomo Metal Industries, which fell 2.7 per...
...Other metals firms were also lower following recent weak Chinese economic readings, with Fortescue Metals shedding 1.9 per cent to A$5.81....
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