Nippon Steel To Appeal South Korea Ruling Allowing Seizure Of Assets

- Aug 04, 2020-

Japan's Nippon Steel Corp said it will appeal a South Korean court ruling that allows for the company's assets in that country to be seized and sold as compensation for forced wartime labonThe rulina followed a South Korean Supreme Court decision in 2018 that Nippon Steel should nay 100 million.won (S83.836.35) to each of four South Koreans as compensation for forced labor durina World War Il. A lower court there approved in 2019 the seizure of part of the domestic assets of Nippon Steel."We will continue to take appropriate measures based on the diplomatic neootiations between the two nations and other situations," a Nippon Steel spokeswoman said on Tuesday. "We will immediately make an appeal against procedures for seizure of assets which took effect at midnight on Aug 4"At stake are 81,075 shares Nippon Steel holds in PNR, a Korea-based joint venture with steelmaker POsco.worth about 400 million won by face value.

Product Description
hot rolled carbon Black steel pipe                                                              
Product Name
A53 GR.B, A36, ST52, ST35, ST42, ST45,X42, X46, X52, X56, X60, X65, X70
 1/2"-48" (DN15mm-1200mm)
API5L , ASTM A106 Gr.B, ASTM A53 Gr.B, ASTM A179/A192,ASTM A513-2007,ASTM A671-2006,ASTM A672-2006 ,BS EN10217, BS EN10296,BS EN 39 ,BS 6323 ,DIN EN 10217-1-2005
API5L, ISO 9001:2008, SGS, BV, CCIC.
Wall thickness
SCH10, SCH20, SCH30, STD, SCH40, SCH60, SCH80, SCH100 SCH120, SCH160, XS, XXS
Surface Treatment
black paint, varnish, oil, galvanized, anti-corrosion coated.
Pipe Ends
Under 2 inch plain end. 2 inch and above Beveled. Plastic caps (small OD). Iron protector (large OD).
Standard marking, or according to your request. Marking Method: Spray white paint
Pipe Length
1. Single Random Length and double Random Length.
2. SRL:3M-5.8M  DRL:10-11.8M or As clients requested length
3. fixed length(5.8m, 6m, 12m)
Loose package;  Packaged in bundles(2Ton Max);  bundled pipes with two slings at the both end for easy loading and discharging; wooden cases; waterproof woven bag.
Chemical Component Analysis, Mechanical Properties, Technical Properties, Exterior Size Inspection,hydraulic testing , X-ray Test.
liquid delivery,Structure pipe,construction, petroleum cracking,oil pipe,gas pipe
1.Reasonable price with excellent quality
2.Abundant stock and prompt delivery
3.Rich supply and export experience, sincere service
4.Reliable forwarder, 2-hour away from port.
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202012041036383778163 (1)
Our Service

Quality testing

Pls assured pipe quality. Our company can offer SGS, BV, CCIC etc.


Free samples

Our company can offer free samples for quality evaluation.


After-sale service

7x24 service. Responsible for products quality.

Our Company


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Packing & Delivery



1. in bundle with steel strip.


2. nesting-save space


3. waterproof plastic woven bag


4. large diameter with separate package


5. wooden cases for small thickness pipe


6. wooden cases for pipe fittings

Customer Photo


Visiting factory


Our customer from Europe come to visit our factory and ordered more than 1000 tons steel pipe. We have establish long-term business relationship.


Checking products quality


Our customer now checking product quality with our engineer.



Confirming all details


Our customer confirm all details like delivery time, payment terms etc.


Q:I haven't done business with you guys before,how can I trust your company?

A: Our company has been in for 7, almost 7 years, which is longer than most of our fellow suppliers, we've been golden suppliers for years. What's more, we've got quite a 
lot authority certificates, for example, CE, ISO9001, API, Alibabaonsite check certificate. I 
 hope those above will be persuasive enough. Our Trade Assurance Limit is US $230,000,and it is still going up.


Q: What is the minimum order?

A:Yes, our company mainly deals with wholesale deals, but if you insist buying one piece, or you just need one piece, we would be very likely to make the MOQ as 1 piece for you though.

Q: How can I get a sample to check your quality? How long can I get the sample?

A:After price confirmed, FREE SAMPLE could be provided for your evaluation. After you confirm the sample details, the samples will be ready for delivery in3-7days, and will be sent to you via express and arrive in 3-5days.

Q: What's the shipment terms and delivery time of your company?


A:15-25 daysfor bulk, 5-10 workingdays for inventory