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Iron and Steel News01/28/2010

Nippon Steel's Unit to Acquire Toshida Industry's Pipe Plant in Wuxi
Nippon Steel and the wholly owned subsidiary, Nittetsu Steel Pipe announced on Wednesday Nittetsu Steel Pipe controls 100% of Wuxi TSD, which is Chinese subsidiary of Toshida Industry, to follow growing automotive steel pipe demand in east and north part of China. Nippon Steel and Sumitomo Pipe & Tube will have share in the renamed company, Wuxi NSP Automotive Parts, which is first offshore production base for Nittetsu Steel Pile. After the acquisition, Nittetsu Steel Pipe moves the plant to new site and expands the capacity to establish integrated operation from pipe making, pipe drawing to parts manufacturing.


Today's Japan Metal Bulletin E-mail
Nippon Steel's Unit to Acquire Toshida Industry's Pipe Plant in Wuxi
Sumitomo Pipe & Tube Expands Production Capacity in China
Nippon Steel to Hike H-Beam Price by 5,000 yen/T in February
Japan Steel Export Decreases by 9.5% in 2009
Higher Export Price Supports Japan Ferrous Scrap Price

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