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Reference:
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CCS 400/010/11
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Notifying Parties:
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Nippon Steel Corporation, and Sumitomo Metal Industries, Ltd.
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Notifying Date:
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21 December 2011
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Summary of transaction:
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PART 5 INFORMATION FOR THE CCS PUBLIC REGISTER (TO BE COMPLETED BY THE APPLICANT(S))
- The Applicants
This notification is made jointly by Nippon Steel Corporation (“NSC”), and Sumitomo Metal Industries, Ltd. (“SMI”) (collectively, the "Parties") for the integration of their entire businesses (the “Merger”).
- Description of the merger
This notification is in relation to the integration of the entire businesses of NSC and SMI. The Parties submit that given the intense nature of competition in the market, strong countervailing buyer power of customers, low barriers to entry, and other competitive characteristics of the relevant markets, the notified Merger will not result in a substantial lessening of competition.
- Relevant good(s) or service(s) involved
The markets in Asia, at the narrowest, for the supply of: (i) seamless steel pipes; (ii) seamed steel pipes; (iii) H-beams; (iv) plates; (v) hot-rolled steel sheets; (vi) cold-rolled steel sheets; (vii) galvanised steel sheets; and (viii) retaining structures.
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Consultation:
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Interested parties are invited to submit their views on the Application. When submitting confidential information, interested parties should take note of the procedures outlined in the CCS Guidelines on Merger Procedures.
Comments should reach the CCS no later than 13 January 2012. Please write or email your comments (titled: Comments on Proposed Merger between Nippon Steel Corporation and Sumitomo Metal Industries, Ltd.) to:
Post/Courier:
Competition Commission of Singapore 45 Maxwell Road #09-01, The URA Centre Singapore 069118
Attention: Deputy Director (Legal & Enforcement)
Email: ccs_feedback@ccs.gov.sg
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Supporting Documents:
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Interested third party may request in writing to obtain more information on the transaction.
Please write or email your submission (titled: Comments on Proposed Merger between Nippon Steel Corporation and Sumitomo Metal Industries, Ltd.) to the above contact details.
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