Nippon Steel and Sumitomo Metal Industries announced on 5th, They will integrate Nippon Steel Logistics and Sumitomo Metal Logistics Service, a wholly-owned subsidiary for distribution of each firms, by April 1st 2013. Nippon Steel Logistics and Sumitomo Metal Logistics Service signed a letter of intent about integration and reorganization on 5th. The presidents of both companies will become leaders of preparation committee and they will discuss the concrete content for synergy. A total sales of 2 firms is around 230 billion yen, and the new firm will become top exceeding 182 billion yen in JFE Logistics.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/04/28| H2 | NewCutting (PRESS) |
| 41000YEN (-500) | 43000YEN (-700) |
| 287.4US$ (-4.63) | 301.42US$ (-6.09) |
* 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
