Nippon Steel Corporation history, profile and corporate video
Nippon Steel Corporation is a Japanese manufacturer of steel products headquartered in Chiyoda, Tokyo, Japan.
HISTORY
Nippon Steel was formed in 2012 when the old Nippon Steel merged with Sumitomo Metal Industries and created a new company called Nippon Steel & Sumitomo Metal Corporation.
The old Nippon Steel was created in 1970 by the merger of Yawata Iron & Steel and Fuji Iron & Steel.
In 2019, Nippon Steel & Sumitomo Metal Corporation changed its name to Nippon Steel Corporation.
OPERATIONS
The company operates through the following steelmaking businesses: Plate, Flat Products, Bar & Wire Rod, Construction Products, Pipe & Tube, Railway, Automotive & Machinery Pars, Titanium, and Stainless Steel.
Plate
The Plate segment provides steel plates for large industrial and social structures such as ships, bridges, high-rise buildings, marine structures for oil and gas extraction, and high-performance steel plates used for tanks and other energy-related products.
Flat Products
The Flat Products segment delivers steel sheets used to make automobiles, electrical appliances, housing, beverage cans, transformers, and other goods.
Bar & Wire Rod
The Bar & Wire Rod segment provides bars and rods to a wide range of industries, including the automotive, construction, and industrial machinery industries.
Construction Products
The Construction Products segment offers H-beams, steel sheet piles, steel pipe piles, rails, and other steel materials.
Pipe & Tube
The Pipe & Tube segment offers high-end seamless pipes used in oil and gas development and other energy areas.
Railway, Automotive & Machinery Pars
The Railway, Automotive & Machinery Pars segment focuses on railway wheels, axles, and crankshafts.
Titanium
The Titanium segment provides titanium products for construction, aviation, general industrial, and consumer-related applications.
Stainless Steel
The Stainless Steel segment covers a wide range of stainless steel products that includes steel plates, sheets, bars, and wire rods.
With more than 105,000 employees, Nippon Steel Corporation is considered one of the world’s largest steel producers by volume. According to Forbes, it is considered one of the top 2000 largest public companies in the world.
*Information from Forbes.com, Wikipedia.org, and ”www.nipponsteel.com/en”.
**Video published on YouTube by “日本製鉄株式会社“.