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01 Aug
12:22

NSSMC builds out international automotive subsidiaries

Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) has two automotive joint ventures overseas that are commissioning this year. These investments, alongside others by Japanese steelmakers and car makers, could support Japanese steel export volumes in the long run, Kallanish notes. In the USA, NSSMC plans to commission its new 35,000 tonnes/year cold heading quality wire plant in Indiana later in 2017. The facility will house four wire drawing…
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