Nippon Steel & Sumitomo Metal

TYO: 5401

Nippon Steel & Sumitomo Metal Corporation is listed as an attendee for the 2016 2nd Iranian Iron & Steel Conference taking place from September 26-28 in Isfahan, Iran. The event overview states: "There is much to discuss, with sanctions being removed, new projects and investment opportunities planned across Iran and an in-depth look at the central Asian region steel industry" (2nd Iranian Iron & Steel Conference, 2016). 


"More than 300 companies worldwide, including triple as many from Japan as last year, have gathered here for Iran's biggest trade fair, seeking opportunities for growth in this vast Middle Eastern market poised for relief from Western economic sanctions. Among the 18 Japanese companies exhibiting at this year's event is Nippon Steel & Sumitomo Metal, whose wares include seamless pipe for the oil and gas industry. NEC, which did business with the Iranian telecom sector before the sanctions, had network equipment and other technology on display. Both companies aim to rekindle business in Iran. Others, like Fuji Manufacturing, are hopeful newcomers." (Nikkei Asian Review, “Japan Inc. eager to get back to business in Iran,” 10/7/2015)