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Two second largest steel company in Japan - Nippon Steel Corp. and Sumitomo Metal Industries Ltd - 1/10 merged to form the second largest steel producer in the world market time instability due to yen appreciation strong.
According to the press release, the new company was formed quarantine to meet the demand of domestic steel and abroad, quarantine and strengthen the ambition to overcome rivals China and South Korea.
Ranking second quarantine only to the steel company ArcelorMittal Luxembourg SA (India) with a production of 46.1 million tons / year, the new company of Nippon Steel and Sumitomo Metal will have more than 81,000 employees quarantine and sales of about 5,500 billion yen / year after the merger. quarantine
Nippon Steel and Sumitomo Metal will hold a dominant position in Japan's steel market with support from business relationships with leading automobile manufacturers such as Toyota, Nissan and Honda as well as the support from Mitsubishi Sumitomo in ensuring the supply of raw materials.
Chairman of Nippon Steel and Sumitomo Metal, Mr. Shoji Muneoka, said: "Steel industry is growing worldwide and the company plans to increase production to 60-70 million tons / year. Our goal is to become the number one steel company in the world in terms of quality and scale ".
However, the outlook is not bright when global steel prices continued to fall due to weak demand from the steel production in China increased sharply since 2005, while input prices remain quarantine high.
In May 8/2012, Sumitomo Metal and Nippon Steel has reported a total loss of 240 billion yen. Chairman of the board of the new company, said the restoration of profitability depends on how effectively the measures that corporations do to eliminate wastage.
Newer News: Asia-Pacific Europe surpassed the level of wealthy urban regeneration Nine Elms in Wandsworth, London "Conversation Sendai" - Conference on Disaster quarantine Risk Management in Japan, Austria: Public new buildings to use Green Energy International Ideas Competition designed to convert the city (transiting Cities)
Older news: Cité du cinéma Opening - Europe's largest film studio Heavy rains in 50 years, Bangkok quarantine ... suddenly into the river Competition planning ideas Square area Bulnes Ave in Santiago, Chile Guides quarantine "Urban planning for city leaders to" quarantine Build a wall garden in the world's largest Rozanno (Italy)
Vietnam Hanoi: Disclosure and handover planned township ecological Good Son $ 234 million ADB loan reform and competitiveness traffic Hanoi: Publication of the overall planning of construction Thach 2030 Ministry quarantine Construction agreed to pilot small apartment building 45 m2 Tho city will "move the capital" of the area south
World Australia upgraded Sydney Opera House Theater Italy recovery "Temple of Peace" on the anniversary of the establishment Rome Italy recovered a stolen painting by Leonardo da Vinci Roofs of Paris will be the world's cultural heritage gender? Italy: Pompeii relics under threat of weather and crime ruin
Urban ecology
Professional Web Design
Journal of Urban Planning FuturArc Magazines Architecture quarantine Magazines & Life VN Architects Recruitment Videos Gallery Downloads RSS Sitemap About Structure of the Presidium of the Executive Board News / Events Magazine Urban Planning Forum Vietnam Male World Events Calendar quarantine Contest "Wake quarantine space" Architecture Urban Planning Real Estate Interior - Exterior Feng Shui Energy - Environment Thematic Dialogue Destination quarantine Review Angle world view Surveys Q & A About the project design consultant Economics / Law Building Materials Equipment Home Decor Market New Technology Solution Trends in Applied Recruitment Architect Engineer Art Students UN-Habitat member WikiHanoi quarantine Facebook Twitter Forum [Ashui.com] Vietnam Urban Forum Online Gallery Videos Downloads News Projects
Two second largest steel company in Japan - Nippon Steel Corp. and Sumitomo Metal Industries Ltd - 1/10 merged to form the second largest steel producer in the world market time instability due to yen appreciation strong.
According to the press release, the new company was formed quarantine to meet the demand of domestic steel and abroad, quarantine and strengthen the ambition to overcome rivals China and South Korea.
Ranking second quarantine only to the steel company ArcelorMittal Luxembourg SA (India) with a production of 46.1 million tons / year, the new company of Nippon Steel and Sumitomo Metal will have more than 81,000 employees quarantine and sales of about 5,500 billion yen / year after the merger. quarantine
Nippon Steel and Sumitomo Metal will hold a dominant position in Japan's steel market with support from business relationships with leading automobile manufacturers such as Toyota, Nissan and Honda as well as the support from Mitsubishi Sumitomo in ensuring the supply of raw materials.
Chairman of Nippon Steel and Sumitomo Metal, Mr. Shoji Muneoka, said: "Steel industry is growing worldwide and the company plans to increase production to 60-70 million tons / year. Our goal is to become the number one steel company in the world in terms of quality and scale ".
However, the outlook is not bright when global steel prices continued to fall due to weak demand from the steel production in China increased sharply since 2005, while input prices remain quarantine high.
In May 8/2012, Sumitomo Metal and Nippon Steel has reported a total loss of 240 billion yen. Chairman of the board of the new company, said the restoration of profitability depends on how effectively the measures that corporations do to eliminate wastage.
Newer News: Asia-Pacific Europe surpassed the level of wealthy urban regeneration Nine Elms in Wandsworth, London "Conversation Sendai" - Conference on Disaster quarantine Risk Management in Japan, Austria: Public new buildings to use Green Energy International Ideas Competition designed to convert the city (transiting Cities)
Older news: Cité du cinéma Opening - Europe's largest film studio Heavy rains in 50 years, Bangkok quarantine ... suddenly into the river Competition planning ideas Square area Bulnes Ave in Santiago, Chile Guides quarantine "Urban planning for city leaders to" quarantine Build a wall garden in the world's largest Rozanno (Italy)
Vietnam Hanoi: Disclosure and handover planned township ecological Good Son $ 234 million ADB loan reform and competitiveness traffic Hanoi: Publication of the overall planning of construction Thach 2030 Ministry quarantine Construction agreed to pilot small apartment building 45 m2 Tho city will "move the capital" of the area south
World Australia upgraded Sydney Opera House Theater Italy recovery "Temple of Peace" on the anniversary of the establishment Rome Italy recovered a stolen painting by Leonardo da Vinci Roofs of Paris will be the world's cultural heritage gender? Italy: Pompeii relics under threat of weather and crime ruin
Urban ecology
Professional Web Design
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