Nippon Steel & Sumitomo Metal (OTCMKTS:NPSCY) Corporation was a major Japanese steel producer formed in 2012 through the merger of Nippon Steel Corporation and Sumitomo Metal Industries. On April 1, 2019, the company changed its name to Nippon Steel Corporation. The company’s American depositary shares traded under the symbol NPSCY.
Nippon Steel produces a broad range of steel products, including flat products, plates, bars, wire rods, rails, structural steel, steel pipe and tubing, stainless steel, and electrical steel. Its products are used in automobiles, construction, infrastructure, industrial machinery, energy equipment, shipbuilding, and consumer-related applications. The company also provides steel processing, engineering, plant construction, and materials-related services.
Headquartered in Tokyo, Nippon Steel serves customers in Japan and international markets through overseas production facilities, subsidiaries, sales offices, and strategic partnerships. Its business has historically included operations across Asia, North America, Europe, and other regions, supporting global manufacturers and infrastructure-related industries.