# Nippon Steel Corporation to absorb subsidiary NSSC

Nippon Steel Corporation (NSC) decided to absorb its subsidiary Nippon Steel Stainless Steel Corporation (NSSC) through a merger.

- Type: Acquisition
- Announced: 2024-10-16
- Where: Japan
- Status: announced
- Products: stainless steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nippon Steel](https://endata.com/companies/7455.md) (acquirer)
- [Nippon Steel Stainless Steel Corporation](https://endata.com/companies/80458.md) (target)

## Sources

- [steeldaily.co.kr](https://www.steeldaily.co.kr/news/articleView.html?idxno=186463), 2024-10-15: "일본 NSC, 자회사 NSSC 흡수합병 결정"
- [metallurgprom.org](https://metallurgprom.org/en/publications/analytics/15741-obzor-meps-po-slijanijam-i-pogloschenijam-v-mirovom-stalelitejnom-sektore.html), 2024-11-03: "Nippon Steel Stainless Steel Corporation, currently a subsidiary of Nippon Steel, is preparing to merge with its parent company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.