Opening Ceremony Held by NIPPON STEEL & SUMIKIN METAL PRODUCTS VIETNAM CO., LTD., a Joint Venture Company for Manufacturing and

  Opening Ceremony Held by NIPPON STEEL & SUMIKIN METAL PRODUCTS VIETNAM CO.,
  LTD., a Joint Venture Company for Manufacturing and Selling Steel
  Construction Products in Vietnam

Business Wire

TOKYO -- March 21, 2013

NIPPON STEEL & SUMIKIN METAL PRODUCTS VIETNAM CO., LTD. (General Director &
President: Kenjiro Dodo; headquarters: Que Vo, Bac Ninh Province, Vietnam;
hereafter, "NSMV") held its opening ceremony in Hanoi, Vietnam on Tuesday,
March 19, 2013.

NSMV sign (Photo: Business Wire)

NSMV sign (Photo: Business Wire)

NSMV was jointly established in October 2012 by Nippon Steel & Sumikin Metal
Products Co., Ltd., Sumitomo Corporation, Sumisho Tekko Hanbai Co., Ltd., and
Kyoei Steel Ltd., in collaboration with Bacviet Steel Joint Stock Company, for
the purpose of manufacturing and selling steel products for architectural and
civil engineering use.

The opening ceremony was attended by guests Yasuaki Tanizaki, Japanese
Ambassador to Vietnam, and Vietnam governmental members representing Bac Ninh
Province, the Ministry of Construction and the Ministry of Transport.
President Masuda of Nippon Steel & Sumikin Metal Products gave a speech on
behalf of the investors. An investment license was presented to President Dodo
of NSMV by the representative of Bac Ninh provincial Department of Planning
and Investment, followed by a ribbon-cutting ceremony.

NSMV will start offby manufacturing and selling structural steel pipes, and
will widen its business domainby launching new products into the market. The
company also aims to introduce processed steel products for architectural and
civil engineering use in line with the market needs of not only Vietnam, but
its neighboring countries as well.


Reference 1
Overview of Nippon Steel & Sumikin Metal Products Vietnam

Company name:                     Nippon Steel & Sumikin Metal Products
                                   Vietnam Company Limited
Representative:                    Kenjiro Dodo, General Director & President
Location:                          Que Vo, Bac Ninh Province, Vietnam
                                   (headquarters and factory)
Business description:              Manufacturing and sales of steel building
                                   products
Capital:                           Approximately US$2.58 million
                                   (approximately ¥200 million)
Shareholder ratio:                 48% Nippon Steel & Sumikin Metal Products
                                   Co., Ltd.
                                   22% Sumitomo Corporation
                                   3% Sumisho Tekko Hanbai Co., Ltd.
                                   3% Kyoei Steel Ltd.
                                   24% Bacviet Steel Joint Stock Company:
Number of employees:               53 employees
Established:                       October 2012

Reference 2
< Nippon Steel & Sumikin Metal Products Co., Ltd. >
Location:                          2-17-12 Kiba, Koto-ku, Tokyo
Representative Director &          Kiichiro Masuda
President:
Date of establishment:             April, 1973
Capital:                           ¥5.912 billion
Investor:                          Wholly-owned by Nippon Steel and Sumitomo
                                   Metal Corporation
No. of employees:                  1,137 employees (consolidated basis)

< Sumitomo Corporation >
Location:                          1-8-11 Harumi, Chuo-ku, Tokyo
President & CEO:                   Kuniharu Nakamura
Date of establishment:             December, 1919
Capital:                           ¥219.278 billion
No. of employees:                  5,185 employees (72,087 on a consolidated
                                   basis)

< Sumisho Tekko Hanbai Co., Ltd. >
Location:                          1-8-12 Harumi, Chuo-ku, Tokyo
President & CEO:                   Hayashi Otsuka
Date of establishment:             January, 1981
Capital:                           ¥310 million
Investor:                          Wholly-owned by Sumitomo Corporation
No. of employees:                  214 employees

< Kyoei Steel Ltd. >
Location:                          1-4-16 Dojimahama Kita-ku, Osaka City
President & Representative:        Koji Morita
Date of establishment:             August, 1947
Capital:                           ¥18.516 billion
No. of employees:                  679 employees

< Bacviet Steel Joint Stock Company (Listed on the first section of the Hanoi
Stock Exchange) >
Location:                          Hanoi, Vietnam (headquarters)
Chairman & CEO:                    Tran Anh Vuong
Date of establishment:             March, 2000 (listed shares in 2010)
Capital:                           Approximately VND108.0 billion
                                   (approximately ¥400 million)
No. of employees:                  Approximately 350 employees (consolidated
                                   basis)

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Contact:

Sumitomo Corporation
Aoi Nakamizo, +81-3-5166-4168
Corporate Communications Department
aoi.nakamizo@sumitomocorp.co.jp