Tag: Sumitomo Metal Industries
Sumitomo receives first order for H-SA700
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) has received the world’s first order for its innovative ultra-high tensile strength steel, H-SA700. The order comes from Obayashi Corporation (Obayashi) for construction of a Techno Station
Sumitomo Metals to acquire Standard Steel
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation will acquire Steel Wheel Acquisition Corporation (SWAC), the parent company of Standard Steel, Inc. (Standard Steel) located in the US.
Tata Steel is the likely Indian partner
Nippon Steel and Sumitomo Metal Industries will likely proceed with Tata Steel as their partner in the Indian market, after their proposed merger, due to the fact that they are the bigger brand in the global arena.
Sumitomo reduces summertime hours
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) has introduced summertime working hours at its head offices in Tokyo and Osaka beginning 1 June 2011, as a method to limit electricity consumption. From 1 June 2011 until 30 September 2011, the business day will start and end one hour earlier. In Osaka, this means that employees will work from 8:00-16:30 as opposed to 9:00-17:30.
Sumitomo receives steering bogies order
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) and Sumitomo Corporation have received an order from Tokyo Metro Co. Ltd. for 240 bogies (120 rail cars). The bogies will equip the steering devices jointly developed by Sumitomo Metals and Tokyo Metro.
Sumitomo Metals invests in SSWL
Sumitomo Metal Industries, Ltd. (Sumitomo Metals) will invest in Steel Strips Wheels Limited (SSWL), the biggest manufacturer of automotive steel wheels in India.