Nippon Steel & Sumitomo Metal announced on October 4th, Southern Tube in the United States which is a totally-held subsidiary of Nippon Steel & Sumitomo Metal, will purchase plant equipment for heat treating and joint processing of oil well casings, that Wsp Houston Octg owns, in 2012 investing around 3.4 billion yen. Nippon Steel & Sumitomo Metal aims to accelerate global strategy. After acquisition, the fiｒm go ahead with capital investment further, and start commercial production in full swing in fiscal 2015. It is a acquisition for the first time as Nippon Steel & Sumitomo Metal.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2025/06/12| H2 | NewCutting (PRESS) |
| 41000YEN (-) | 43000YEN (-) |
| 286.47US$ (1.63) | 300.45US$ (1.71) |
* 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
