08
Apr
10:53
NSSMC merges tubular subsidiaries
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) says it will merge two tubular coupling subsidiary companies. The merger is intended to help the firms better serve [… client] companies during the current slowdown in oil country tubular goods (OCTG) demand, Kallanish notes.
Nippon Steel Sumikin Fine Tech will essentially fully absorb Nippon Tubular Products, and then be renamed Nippon Steel & Sumikin Precision Machining Co., with head…
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Anonymous
Very good overview of the weekly steel market.
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