Page 7 - Nippon Steel
ArcelorMittal and Nippon Steel complete acquisition of Essar Steel
ArcelorMittal announced that Aditya Mittal, president and CFO of ArcelorMittal, had been appointed chairman of AM/NS India and Dilip Oommen, the CEO
 "ArcelorMittal and Nippon Steel complete acquisition of Essar Steel")
Japan's Nippon Steel to bolster overseas business, focus on Indian markets
Nippon Steel was intermittently the world's No.1 by market cap between 2013 and 2016, but its market cap now stand at $16.8 bn
 "Japan's Nippon Steel to bolster overseas business, focus on Indian markets")
Competition Commission clears Nippon Steel's 51% acquisition in Sanyo Steel
Competition watchdog CCI has cleared Japan-based Nippon Steel & Sumitomo Metal Corporation's acquisition of 51 per cent shareholding in Sanyo Steel. Besides, the regulator has approved transfer of 100 per cent shareholding in Ovako to Sanyo Steel. According to the CCI, Nippon Steel is based in Tokyo and is engaged in the business of manufacture and sales of tubes and pipes and auto parts in India and its presence in manufacture of these steel products is limited in the country. In a tweet on Monday, the CCI said it "approves acquisition of 51 per cent shareholding in Sanyo Special Steel by Nippon Steel & Sumitomo Metal; and transfer of 100 per cent shareholding in Ovako AB to Sanyo." Sanyo manufactures special steel and in India it has presence through its two subsidiaries namely, Sanyo Special Steel India and Mahindra Sanyo Special Steel Pvt Ltd. Mahindra Sanyo is a joint venture between Sanyo (51 per cent) Mahindra and Mahindra (29 per cent) and Mitsui and Co Ltd (20 Per ...
India will be world's fastest-growing steel market: Nippon Steel Executive
TOKYO (Reuters) - Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp sees India as the most promising market and wants to become "an insider" to capitalise on growth of the world's third-biggest steel market, a senior executive said.
