• Kyodo

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Nippon Steel & Sumitomo Metal Corp. (NSSMC) will change its name to Nippon Steel Corp. next April as the group pushes ahead with streamlining, the company said.

Japan’s biggest steel-maker said Wednesday it will turn its 51 percent held Nisshin Steel Co. subsidiary into a fully owned unit in January and integrate its stainless steel plate operations into Nippon Steel & Sumikin Stainless Steel Corp. in April.

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