Tag: Sumitomo Metal

POSCO was selected as the world's most competitive steelmaker this year. The World Steel Dynamics (WSD), an information service provider that analyses the global steel market, held the thirtieth Steel Success Strategies (SSS) forum in June, and announced the results of World-Class Steelmaker Rankings.

ArcelorMittal and Japanese steelmaker Nippon Steel & Sumitomo Metal Corp. are planning a joint bid to buy ThyssenKrupp AG's Steel Americas unit to ramp up automotive steel sheet production.

Earlier this month, Luxembourg-based ArcelorMittal reportedly submitted a USD 1.

Nippon Steel Corp and Sumitomo Metal Industries intend to merge and create the world's second-largest steelmaker.