Tag: Sumitomo Metal Industries Ltd

On Monday, June 20, Sumitomo Metal Industries Ltd received the Chairman’s Prize from the Japan Institute of Invention and Innovation (JIII) at the 2011 National Commendation for Invention Award Ceremony) held by JIII for

Sumitomo Metal Industries Ltd has resumed operations at one of its two major blast furnaces in its Kashima plant in Ibaraki Prefecture. As a result of the earthquake and tsunami in northern Japan, the company had suspended operations at the two furnaces in Kashima.

Sumitomo Metal Industries Ltd has announced that it will push back until the end of this year the startup of its USD 1.6 billion pipe mill in Brazil, owned jointly with France-based Vallourec SA with regular shipments due to begin in mid 2011.

Sumitomo Metal Industries Ltd has announced plans to increase export prices from October as rising energy demand lifts sales for the pipes used to extract oil and gas.

Sumitomo Metal Industries Ltd has made the following notification regarding the financial forecasts for the 1st half of FY2010.

Sumitomo Metal Industries Ltd has decided to renew the facilities of its Corporate Research & Development Laboratories at Amagasaki city with construction work having started on 24 June.

Sumitomo Metal Industries Ltd has begun negotiations to raise the pricing of seamless stainless steel pipes for all domestic customers, due to a surge in the price of nickel, a major raw material for these pipes.

On 29 September 2009 Sumitomo Metal Micro Devices Inc. (SMMD), a subsidiary of Sumitomo Metal Industries Ltd, and Hokuriku Electric Industry Co. Ltd agreed to make a capital and business alliance for the electronic module business and to establish a new company (80% owned by Hokuriku Electric and 20% by Sumitomo Metals).

Sumitomo Metal Industries Ltd has decided to expand the production capacity at its Steel Tube Works in Amagasaki, Hyogo Prefecture for steam generator tubes (SG tubes) to be used in pressurized-water reactor nuclear power plants.

Sumitomo Metal Industries Ltd has been awarded the Technical Award from the Information System on Occupational Exposure (ISOE) Committee that is led by the joint secretariat of the OECD/NEA (Nuclear Energy Agency) and IAEA (International Atomic Energy Agency) at the ISOE Asia Symposium.