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Nippon Steel & Sumitomo Metal Corp executives walk past signboards after a ceremony to launch their newly merged company in Tokyo on Monday. The newly merged company, Nippon Steel & Sumitomo Metal Corp, becomes the world's second-biggest steelmaker after India’s ArcelorMittal. See story here.
© Japan TodayMen of steel
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10 Comments
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globalwatcher
Oyaji, you may need to start building aircraft carrier and fighter jets to protect Japan.
khettarama
ArcelorMittal is not Indian company. Majority shareholder and CEO is Indian but its headquarters is in Luxembourg. Mittal(Rotterdam based) bought Arcelor(Luxmebourg based) to form ArcelorMittal.
nandakandamanda
"Men of Steel"... I LIKE it!
herefornow
marcelito -- you beat me to it. Spot on. This is the future of Japan Inc. -- a bunch of forced mergers brought on by changes in the global market place that Japanese managers like these either did not anticipate and/or were too slow to react to. Truly sad picture.
Serrano
The exec on the far left looks absolutely apologetic about the whole thing.
fannybatter
the excitement is almost palpable
titaniumdioxide
Ojisans are just experiencing andropause. Calling them "Men of steel" was not a good idea.
gogogo
No one looks happy about the merger, something to hide?
my2sense
Okay guys, those who do not wear a blue suit and tie buys the beers in Ginza after this merger...