28
Sep
11:04
Nippon Steel tweaks subsidiaries in search for synergies
Nippon Steel and Sumitomo Metal Corporation (Nippon Steel) has announced two changes to the structure of its subsidiaries as the group continues to streamline its operations to boost margins. The move is part of the company's ongoing attempt to maximise synergies in its highly complex corporate strucutre, Kallanish notes.
Nihon Teppan is focused on trading structural flat steel products within Japan. Most of the company will now be transferred to Nippon Stee…
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Very good overview of the weekly steel market.
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