Nippon Steel & Sumitomo Metal, Sumitomo Pipe & Tube and Nittetsu Steel Pipe announced on 29th that Sumitomo Pipe & Tube and Nittetsu Steel Pipe entered into a merger at both board meeting. They will merge on October 1st, and new firm’s name will be Nippon Steel & Sumikin Steel Pipe. Annual sales is around 120 billion yen and selling amount is over 1 million tons on a consolidated basis.
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Japan Steel Scrap Composite Prices (Sangyo Press)
2026/09/16| H2 | NewCutting (PRESS) |
| 48200YEN (-) | 51300YEN (-) |
| 312.16US$ (-1.46) | 332.23US$ (-1.56) |
* 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
