Nippon Steel

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Nippon Steel Corporation (NSC) is a Japanese steel company headquatered in Tokoy,Japan, formed in 2012 with the merger of the original Nippon Steel and Sumitomo Metal.

History

Nippon Steel Corporation was formed in 1970 with the merger of Fuji Iron & Steel and Yawata Iron & Steel.

Climate Commitments

Nippon Steel Carbon Neutral Vision 2050

Subsidiaries

The following companies are fully or partially owned/operated under Nippon Steel Corporation

Major plant locations

List of Principle Subsidiaries and Affiliates (as of March 31, 2019).

Added after Sumitomo merger

Joint ventures

  • New Carlisle, Indiana, USA (built 1991)
  • AM/NS Calvert. Formerly named ThyssenKrupp Steel USA and located in Calvert, Alabama, the facility was purchased from ThyssenKrupp through a 50/50 joint partnership with ArcelorMittal in February 2014 for $1.5 billion and renamed AM/NS Calvert.[1] A greenfield construction project which began in 2007, the facility began operation in 2010 and has a production capacity of 5.3 million tons and includes a hot strip mill, cold roll mill and 4 coating lines. Products from the facility are marketed in the NAFTA region through managing partner ArcelorMittal.[2]
  • Nippon Steel Trading Co., Ltd., has set up a joint venture with three Indonesian local companies to produce 120,000 tons of sheet steel for the automotive industry. Nippon Steel would control a 30 percent share of the joint venture, PT IndoJapan Steel Center. It is located in the Mitra Karawang Industrial Estate, West Java in a 4.8-hectare area with total investment for first phase $38 million and was expected to start operating in January 2013.[3]

Coal interests

Nippon Steel states that in 2010 58% of the Japanese steel industry's imports of coking coal were from Australia with 10% from Canada. Nippon Steel's imports represented 29.5% of the total.[4]

The company lists coal supply projects that it has invested in as being:[4]

References

  1. Finch II, Michael (26 February 2014). "Sale of ThyssenKrupp Steel USA clears all regulatory approval". Press-Register. Mobile, Alabama. Retrieved 26 February 2014.
  2. "ArcelorMittal AM/NS Calvert Webpage".
  3. "Nippon Steel sets up joint venture with local firms". November 4, 2011.
  4. 4.0 4.1 Nippon Steel, "Raw Materials and Fuel: Imports of Iron Ore and Coking Coal by Major Supply Source: Japanese Steel Industry and Nippon Steel", Nippon Steel website, July 2010.

External links

Wikipedia also has an article on Nippon Steel (Nippon Steel). This article may use content from the Wikipedia article under the terms of the Creative Commons Attribution-ShareAlike 3.0 Unported License].