Nippon Steel Aiming at 51% of Sanyo Special Steel
On 1 February 2016, there was a press release from Nippon Steel & Sumitomo Metal Corp (5401 JP) ("NSSMC") titled Commencement of Discussions...
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Nippon Steel to Raise Stake in Sanyo Specialty to 51+% - Japan Steel Consolidation Kicking Off?
Nippon Steel & Sumitomo Metal Corp (5401 JP) announced yesterday that it would be acquiring Swedish engineering specialty steel maker Ovako...
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NSSMC’s 2020 Midterm Plan Mainly Focuses on Steel; FVE Lowered to JPY 2,090; Shares Overvalued
We see little in Nippon Steel & Sumitomo Metal Corp (5401 JP)'s, or NSSMC’s, 2020 Midterm Management Plan, which runs from fiscal 2019 (ending...
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Kobe Steel: Steel and Construction Machinery Businesses Likely to Drive Recurrent Profit to JPY75bn
We commented earlier that Kobe Steel's downward revision to recurrent profit guidance was too conservative and that the assumptions for the Steel...
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Nippon Steel Placement: Fundamentals Improving but Nothing Too Exciting
Nippon Steel & Sumitomo Metal Corp (5401 JP) 's strategic alliance partner POSCO (005490 KS) is selling USD200 worth of shares in NSSM after...
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