Tag: Sumitomo Metal Industries Ltd

On 31 March 2009 Sumitomo Metal Industries Ltd passed a resolution at a meeting of the Board of Directors.

On 11 March 2009 Sumitomo Metal Industries Ltd (Sumitomo Metals) received the 55th Okochi Memorial Foundation Grand Production Prize for its development of advanced stainless boiler tube for ultra-supercritical (USC) coal-fired thermal power plants.

Sumitomo Metal Industries Ltd has celebrated its 30 anniversary of technical exchanges with ExxonMobil.

Sumitomo Metal Industries Ltd and Nippon Steel Corp. have announced that they have decided to integrate the arc-welded stainless steel pipe and tube businesses currently conducted by their respective group companies and a definitive agreement has been executed by and among Sumitomo Metals, Nippon Steel, Sumikin Stainless Steel Tube Co. Ltd, Nittai Corp. and Konan Co. Ltd.

Sumitomo Metal Industries Ltd (Sumitomo Metals) and France-based Vallourec S.A. have agreed on arrangements intended to strengthen their respective positions in the premium joint business in the USA.

Sumitomo Metal Industries Ltd has announced the planned promotion of one of its executive officers.

Yokogawa Bridge Holdings Corp. (YBHD) and Sumitomo Metal Industries Ltd (Sumitomo Metals) has recently decided to form a joint venture in bridge business at their respective meetings of the Board of Directors and entered into a basic agreement with regard to forming a joint venture.

In 2004 Sumitomo Metal Industries Ltd (Sumitomo Metals) developed SMICORE (SMI Crude Oil Corrosion Resistant Steel), a steel plate with enhanced corrosion resistance for the upper decks and bottoms of crude oil tanks in oil tankers, which are exposed to severe corrosive conditions.

Sumitomo Metal Industries Ltd and Sumitomo Corp. have completed the acquisition of Norton Manufacturing Co. Inc. (Head office: Ohio, USA) in accordance with the agreement made in August 2007, and have started operation of a newly-established SMI Crankshaft LLC.

Sumitomo Metal Industries Ltd (Sumitomo Metals) held a furnace building ceremony (Koteire Ceremony) on 1 October for its new No.1 blast furnace at the Wakayama Steel Works.