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How a Japanese Steel Firm is Trying to Dig a Moat

By focusing on high-value, not high-volume products, Sumitomo Metals is attempting to build a sustainable competitive advantage.

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Bridget Freas: Hello. My name is Bridget Freas. I am an Equity Analyst with Morningstar on the basic materials team.

Joining me from Sumitomo Metals is Nobu Masuda with Investor Relations. Sumitomo Metals is a Japanese steel producer primarily serving the automotive, energy, and railway sectors in both the domestic market and globally. Nobu, thank you for being here.

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Bridget Freas does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.