05
Mar
11:21
NSSMC to deepen streamlining in new mid-term plan
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) say its plans to increase its capital expenditure by around JPY 350 billion ($3.3 billion) to JPY 1.7 billion over 2018-2020. This is in order to advance the consolidation and renovation of its existing facilities in Japan. The extra investment comes as it releases a new mid-term plan for 2018-2020 to ensure that it continues to supply the right products for a changing society, Kallanish no…
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Anonymous
Very good overview of the weekly steel market.
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