Nippon Steel Corporation (NISTF)
Nippon Steel Corporation operates in the Steel industry of the Basic Materials sector, headquartered in Tokyo, TY, JP. The stock last traded at $4.30, down 1.21% on the session, giving a market capitalisation of $22.49B. On trailing twelve-month figures it carries a trailing P/E of 12.53, a net margin of 2.7%. Its beta of 0.70 implies it has historically moved less than the broad market.
Nippon Steel Corporation, established in Tokyo, Japan, in 1950, operates as a significant global industrial entity. The company, which officially rebranded from Nippon Steel & Sumitomo Metal Corporation in April 2019, conducts its diverse business activities, both within Japan and internationally, through its various subsidiaries across four main segments. Its core steelmaking and fabrication division produces a wide array of steel products, such as plates, sheets, and slags, along with bar and rod materials, structural steel, pipes, and tubes. This segment also delivers specialized titanium and stainless products, as well as components for railway, automotive, and machinery uses, catering to vital sectors like the automotive industry, energy, infrastructure development, and consumer electronics. The engineering and construction segment is involved in the production and sale of industrial machinery, equipment, and steel structures. This division also manages contracted construction projects, provides waste processing and recycling solutions, and supplies essential utilities like electricity, gas, and heat. Within its chemicals and materials arm, Nippon Steel manufactures and markets a broad range of items, including coal-based chemical products, petrochemicals, electronic materials, critical components for semiconductors and other electronic devices, carbon fiber, composite products, and goods developed through advanced metal processing technologies. Finally, the system solutions division offers specialized services in computer systems engineering, consulting, and various IT-enabled outsourcing and support functions.
Nippon Steel Corporation is most often compared with the following Basic Materials names: