NSSC Chinese cold-rolled mill joint venture canceled

Nov 01, 2013 | 08:03 AM |

Tags  NSSC, Nippon Steel & Sumikin Stainless Steel, Xinan Stainless Steel, Sumitomo, stainless steel, cold-rolling venture, China stainless

TOKYO — Nippon Steel & Sumikin Stainless Steel Corp. (NSSC) has canceled plans to open a stainless cold-rolling mill in Nantong, Jiangsu province, in a joint venture with Xinan Stainless Steel Co. Ltd.

"The project has been completely canceled, not just delayed, due to a change in the business situation," a senior NSSC executive told AMM sister publication Steel First.....

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