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Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

2,008JPY
6:00am GMT
Change (% chg)

¥46 (+2.34%)
Prev Close
¥1,962
Open
¥1,990
Day's High
¥2,014
Day's Low
¥1,980
Volume
4,093,100
Avg. Vol
3,047,079
52-wk High
¥2,527
52-wk Low
¥1,794

Latest Key Developments (Source: Significant Developments)

Nippon Steel & Sumitomo Metal Corp - Announces Change In Representative Directors
Wednesday, 20 Feb 2019 

Nippon Steel & Sumitomo Metal Corp <5401.T>::NIPPON STEEL & SUMITOMO METAL CORP - ANNOUNCES CHANGE IN REPRESENTATIVE DIRECTORS.  Full Article

ArcelorMittal: Hope For Swift Resolution To Essar Steel's Debt Plan Post Debt Tribunal Ruling
Tuesday, 29 Jan 2019 

Jan 29 (Reuters) - :ARCELORMITTAL SAYS HOPE FOR SWIFT RESOLUTION TO ESSAR STEEL'S DEBT PLAN POST DEBT TRIBUNAL RULING - STATEMENT.ARCELORMITTAL: INDIA DEBT TRIBUNAL'S RULING ON ESSAR STEEL POSITIVE FOR COUNTRY'S BANKRUPTCY RESOLUTION PROCESS.  Full Article

Nippon Steel: Fair Trade Commission Approves Its Bid To Make Sanyo Special Steel A Subsidiary On Condition It Transfer Part Of Its Interest To Kobe Steel
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>::FAIR TRADE COMMISSION APPROVES ITS BID TO MAKE SANYO SPECIAL STEEL A SUBSIDIARY ON CONDITION IT TRANSFER PART OF ITS INTEREST TO KOBE STEEL.  Full Article

Nippon Steel Says Exec VP Eiji Hashimoto To Become President April 1
Thursday, 10 Jan 2019 

Jan 10 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>::EXEC VP EIJI HASHIMOTO TO BECOME PRESIDENT APRIL 1.  Full Article

Competition Commission Of India Approves Acquisition Of Stake In Sanyo Special Steel By Nippon Steel And Sumitomo Metal
Monday, 3 Dec 2018 

Dec 3 (Reuters) - COMPETITION COMMISSION OF INDIA::APPROVES ACQUISITION OF 51 PERCENT STAKE IN SANYO SPECIAL STEEL BY NIPPON STEEL AND SUMITOMO METAL.APPROVES TRANSFER OF 100 PERCENT STAKE IN OVAKO AB TO SANYO.  Full Article

Nippon Steel Says It And Arcelormittal To Pay $5.7 Bln To Buy Essar Steel
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>: :NIPPON STEEL AND ARCELORMITTAL SA [RIC:RIC:ARCMT.UL] TO PAY 420 BILLION INDIAN RUPEES ($5.72 billion) TO BUY ESSAR STEEL.ARCELORMITTAL TO BECOME MAJORITY OWNER OF ESSAR STEEL WITH SLIGHTLY HIGHER STAKE THAN NIPPON STEEL.  Full Article

Nippon Steel & Sumitomo Metal Says Essar Steel's Committee Of Creditors Declares ArcelorMittal, NSSMC's Joint Acquisition Partner, As Successful Applicant
Friday, 26 Oct 2018 

Oct 26 (Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>::ESSAR STEEL'S COMMITTEE OF CREDITORS DECLARES ARCELORMITTAL, NSSMC'S JOINT ACQUISITION PARTNER, AS SUCCESSFUL APPLICANT.  Full Article

Rio Tinto Approves $1.55 Bln Investment To Sustain Pilbara Iron Ore Production Capacity
Monday, 1 Oct 2018 

Sept 30 (Reuters) - Rio Tinto Plc ::RIO TINTO APPROVES INVESTMENT TO SUSTAIN PILBARA IRON ORE PRODUCTION CAPACITY.RIO TINTO-CO WITH JV PARTNERS MITSUI, NIPPON STEEL & SUMITOMO METAL, APPROVED INVESTMENT OF $1.55 BILLION TO SUSTAIN PRODUCTION CAPACITY AT TWO PROJECTS.RIO TINTO-INVESTMENT INCLUDES CO'S SHARE OF $820 MILLION.RIO TINTO- INVESTMENT TO SUSTAIN PRODUCTION CAPACITY AT TWO PROJECTS PART OF ROBE RIVER JV IN THE PILBARA REGION OF WESTERN AUSTRALIA.  Full Article

R&I affirms Nippon Steel & Sumitomo Metal's rating at "A+" and announces stable outlook -R&I
Friday, 20 Jul 2018 

July 20(Reuters) - Nippon Steel & Sumitomo Metal Corp <5401.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A+" -R&I.Rating outlook stable -R&I.  Full Article

NS Solutions to change company name to NS Solutions
Wednesday, 16 May 2018 

May 16 (Reuters) - NS Solutions Corp <2327.T>:Says it will change company name to NS Solutions Corporation, effective April 1, 2019 .  Full Article

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India's bankruptcy court clears ArcelorMittal's takeover of Essar Steel

India's bankruptcy court on Friday approved global steel giant ArcelorMittal SA's bid for debt-ridden Essar Steel, potentially ending months of court battles and opening the country's steel industry to outsiders.