Nippon Mining Holdings announced on Wednesday the firm acquires common stocks of Toho Titanium through a takeover bid. Nippon Mining Holdings is now the largest shareholder with 34.28% shares in Toho Titanium. Through the TOB, the firm aims to acquire common stocks held by Mitsui & Co., the second large shareholder in Toho Titanium, and raise the equity stake to 42.94%. Toho Titanium is expected to become a consolidated subsidiary of Nippon Mining Holdings after the TOB.Nippon Mining Holdings and Mitsui basically agreed for the TOB. Toho Titanium announced on the same day the firm accepts the TOB.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/09/05| H2 | NewCutting (PRESS) |
| 39700YEN (-) | 42000YEN (-) |
| 269.61US$ (-0.42) | 285.23US$ (-0.45) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
