Nippon Steel Corporation (NISTF) Research

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.

Market snapshot

Symbol
NISTF
Price
$3.50
Day change
+3.40%
Market cap
$2.9T
P/E ratio
170.67x
52-week range
3.25-26.21
Sector
Basic Materials
Industry
Steel
Next earnings
in 1 month

Recent news

  • Once on the Brink, U.S. Steel's Oldest Plant Is Getting a Big Renovation

    The project will increase production and extend the life of U.S. Steel's oldest plant.

Peer companies

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  • Fresnillo plc (FNLPF)
  • JFE Holdings, Inc. (JFEEF)
  • Kobe Steel, Ltd. (KBSTF)
  • Klabin S.A. (KLBAY)
  • Northern Star Resources Limited (NESRF)
  • Teck Resources Limited (TCKRF)

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