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Nippon Steel, Nippon Steel and Sumitomo Corporation plan to merge the two stainless steel distributors from October

Release:Anyang Penghang Metallurgical Refractory Co., Ltd.Browse:68times

, was stainless steel co., LTD, was products co., LTD, sumitomo corporation has signed an agreement regarding the domestic stainless steel sales company merger, scheduled for October 1, 2020 will be the three parties each hold a third of the NS stainless steel co., LTD and was stainless steel co., LTD is a wholly owned subsidiary - was stainless steel sales co., LTD to merge, and set up a new company.

As a professional stainless steel circulation company, the new company will deepen the strategic cooperation with users in demand development, use development and other solutions to meet the needs of users.

For the 2018/2019 fiscal year ending March 2019, NS Stainless Steel Corporation and Nippon Stainless Steel Sales Corporation have 95 employees and 43 employees respectively, with sales of 89.116 billion yen and 18.333 billion yen respectively, and combined regular profits of over 1 billion yen.


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