Nippon&SMI joint venture brings some plant closures
As previously reported by SteelOrbis on June 23, Nippon Steel Corp. and Sumitomo Metal Ind. (SMI) decided to merge their stainless steel operations, scheduled to take place on October 1, 2003. In compliance with this desicion, except Sumitomo's strip business, Nippon Steel's main stainless steel plant at Hikari and rolling mills together with the plate mill at the Yawata works and stainless facilities at Sumitomo Metal's Kashima plant will be taken over. New firm, to be named Nippon Steel Sumikin Stainless Corp. (NSSC), will have a product range of stainless slabs, billets, sheets, plates, bars and wires. This joint venture is expected to reduce operating expenses considerably and enable companies to close operations with low productivity, such as cold rolling mills, annealing & pickling lines both at Hikari and Kashima and the heavy plate levelling line at Kashima.Nippon&SMI joint venture brings some plant closures
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Chequered Sheet
Thickness
2 - 10 mm
Width
600 - 1,300 mm
Length
1,500 - 4,000 mm
St 37-2 DIN 17100
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MUTAS DEMIR CELIK SAN TIC .A.S.
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0.5 - 2 mm
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600 - 1,200 mm
Length
400 mm
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Hot Rolled Plate
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6 - 12 mm
Width
1,000 - 1,500 mm
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6,000 - 12,000 mm
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