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Nippon Steel & Sumitomo Metal to Merge Subsidiaries for Electro-Resistance-Welded Tube-The 18th China(Guangzhou)Int'l Tube&Pipe Expo
4/14/2017 -steel tube expo-tube &pipe expo |
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Nippon Steel & Sumitomo Metal and Sumitomo Pipe & Tube announced on 26th they struck a contract for share exchange between two companies after resolution for share exchange in each board meeting. Nippon Steel & Sumitomo Metal is the Wholly Owning Parent Company, and Sumitomo Pipe & Tube is Wholly Owned Subsidiary Company. And, Nippon Steel & Sumitomo Metal, Sumitomo Pipe & Tube and Nittetsu Steel Pipe struck a basic agreement to reorganize electric resistance welded steel pipe business after Sumitomo Pipe & Tube and Nittetsu Steel Pipe will merge in October 1st 2013. The joint firm’s name is planned to be “Nippon Steel & Sumikin Steel Pipe”.管材展-钢管展-2017广州国际管材展－中国展出效果最好的管材展-巨浪展览-The 18th China(Guangzhou)Int''l Tube&Pipe Expo
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