Nippon Steel & Sumitomo Metal to Achieve the World’s Highest Competitiveness, a Medium-Term Management Plan

Nippon Steel & Sumitomo Metal announced on 13th the firm developed a group medium-term management plan (F2013-15) to achieve the world’s highest competitiveness and aim sustainable growth in profits. In iron manufacture business, the firm advances 5 measures, the realization of advanced technique, the realization of the world’s highest cost competitiveness, the establishment of optimum production system by shut down of iron source and rolling related equipment including blast furnaces, the promotion of global strategy and strengthen the substance of iron-making business group company.