OREANDA-NEWS. Nippon Steel & Sumitomo Metal Corporation and its subsidiary NIPPON STEEL & SUMIKIN PIPE CO., LTD. (NSPC) hereby announce that Siam Nippon Steel Pipe Co., Ltd. (SNP) and THAI STEEL PIPE INDUSTRY COMPANY LIMITED (TSP), both NSSMC Group's companies producing electric-resistance-welded pipe and tube in Thailand for years, decided to integrate them in July this year, and that these two companies have signed an amalgamation agreement.

The new company's name is NIPPON STEEL & SUMIKIN PIPE (THAILAND) CO., LTD. (NSPCT).

SNP, a former Nippon Steel Corporation's subsidiary established in 1995, and TSP, a former Sumitomo Metal Industries Ltd.'s subsidiary established in 1963, have successfully developed electric-resistance-welded pipe and tube business, respectively in Thailand, providing its automotive industry with their quality products.

The two companies have decided to merge so they can satisfy their customers' needs more effectively and accurately than ever before by consolidating business foundation and establishing a more efficient management structure as well.