Nippon Steel & Sumitomo Metal announced on 16th, the firm decided that Kosei Shindo pre-president is promoted to a president on April 1st. Shoji Muneoka chairman and CEO assumes chairperson and representative director, and Hiroshi Tomono president and COO assumes vice-chairperson and representative director. Now, 1 year and half after the greatest merger of the century, challenge of Nippon Steel & Sumitomo Metal group which aims the most powerful company in the world, will advance to the next stage for growing under the new administration.
Japan Steel Scrap Composite Prices (Sangyo Press)01/18/2018
|36800YEN (-)||39500YEN (-)|
|327.61US$ (-2.85)||351.64US$ (-3.07)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)