Nippon Steel Corporation (日本製鉄株式会社, Nippon Seitetsu kabushiki gaisha) was formed in 2012 by the merger of the old Nippon Steel and Sumitomo Metal. The old Nippon Steel Corporation[3] was established in 1970 by the merger of Fuji Iron & Steel and Yawata Iron & Steel. Nippon Steel is the world’s third largest steel producer by volume as of 2019.[4]