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Maruichi Steel Tube Ltd (5463.T)

5463.T on Tokyo Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Maruichi Steel Tube to set up steel tube JV in Philippines
Thursday, 7 Dec 2017 

Dec 7 (Reuters) - Maruichi Steel Tube Ltd <5463.T>:Says it plans to set up a Philippines-based JV in March 2018, with partner.Says the new JV will be capitalized at about 1.56 billion yen and will be mainly engaged in production and sales of steel tube for motorcycles and automobiles.Says it will hold 70 percent stake in the JV .  Full Article

U.S. sets dumping duties on some steel pipe, tube imports
Friday, 15 Jul 2016 

U.S. Department of Commerce announced on Friday its final ruling on anti-dumping duties on imports of steel pipes and tubes from South Korea, Mexico and Turkey, setting levies : The decision covers imports of heavy-walled rectangular welded carbon steel pipes and tubes which are used in construction and transportation. . Commerce found dumping has occurred by mandatory respondents Dong-A Steel Co and HiSteel Co Ltd <071090.KS> at dumping margins of 2.34 percent and 3.82 percent, respectively. . All other producers/exporters in Korea will incur a final dumping margin of 3.24 percent. . For Mexico, Commerce found dumping has occurred by mandatory respondents Maquilacero SA de CV and Productos Laminados de Monterrey SA de CV at dumping margins of 3.83 percent and 5.21 percent, respectively. . Commerce calculated a final dumping margin of 4.91 percent for all other producers/exporters in Mexico. . In the Turkey investigation, Commerce found dumping has occurred by mandatory respondent MMZ Boru Profil Uretim Sanayi Ve Tic AS at a dumping margin of 35.66 percent. . Commerce determined that no dumping has occurred by mandatory respondent Ozdemir Boru Profil San Ve Tic Ltd Sti(Ozdemir) and calculated a final dumping margin of 17.83 percent for all other producers/exporters in Turkey..  Full Article