

Japan's Nippon Steel and Sumitomo Metal were formally merged in October 2012 and lower the cost of a significant effect after merged, the market value over $ 30 billion, and become the world's largest market value steel enterprise in the first time within these seven years.NSSC production optimization and reorganization, business combination, share energy resources and transport infrastructure, plans to close off Kimitsu plant No. 3 blast furnace at the end of 2015, and other four steel plants which including of 14 steel production lines, and then it is expected to achieve the cost reduction goals of 200 billion yen in advance.
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