Tag: NSSMC
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Japan’s Nippon Steel Buys Sweden’s Ovako Ltd to Expand its Speciality Steel Business in Europe
Japan’s NSSMC (Nippon Steel & Sumitomo Metal Corporation) has officially announced its acquisition of Sweden’s Ovako Ltd this week, a move that has given Japan’s biggest steelmaker a manufacturing base in Europe. Ovako is a major special steel producer in Europe Ovako Ltd is engaged in producing high-tech steel solutions in the form of bars,…