Nippon Steel Corp (NSC) announced July 5 that the company intends to embark on production of steel pipe piles and steel sheet piles in Vietnam through recently established Nippon Steel Pipe Vietnam Co (NPV) in the Phu My II industrial park of Ba Ria-Vung Tau province in southern Vietnam. NPV is a joint venture of NSC, Metal One Corp, Vietnam Steel Corp (VSC), and four other Japanese trading companies. The joint venture has a capitalization of 15 million US dollars, of which NSC accounts for 51%, Metal One 20%, VSC 10%, Sumitomo Corp 4.75%, Marubeni-Itochu Steel Inc 4.75%, Hanwa Co 4.75%, and Nippon Steel Trading Co 4.75%.
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机译：新日铁公司（NSC）于7月5日宣布，该公司计划通过最近在巴里亚旺的Phu My II工业园内成立的新日铁越南公司（NPV），开始在越南生产钢管桩和钢板桩。越南南部的头省。 NPV是NSC，Metal One Corp，Vietnam Steel Corp（VSC）和其他四家日本贸易公司的合资企业。合资公司的注册资本为1500万美元，其中NSC占51％，Metal One 20％，VSC 10％，住友商事4.75％，丸红-伊藤忠钢铁公司4.75％，韩华公司4.75％，新日铁贸易公司4.75％。
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