27
Jan
09:59
NSSMC plans US cold heading plant
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) says it plans to establish a new cold heading wire plant in Indiana in the USA. The 35,000 tonnes/year plant is due to be commissioned in January 2018, the company tells Kallanish.
The new company, Nippon Steel & Sumikin Cold Heading Wire Indiana, will have a registered capital of $24 million. It see around $50m in investment in a pickling and coating line, four wire drawing lines and tw…
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