Commencement of Studies on Expansion of Technical Cooperation in the Field of Electrical Steels betw

Nippon Steel Corporation (President: Akira Chihaya) and AK Steel (Chairman: Richard M. Wardrop， Jr.) agreed to commence studies on expansion of their existing technical cooperation with regard to cold-rolled， non-oriented and grain oriented electrical steel products.

Nippon Steel and AK Steel， and its predecessor company， have continued technical cooperation in the field of electrical steel including technology license arrangements for more than 50 years.

With a view to reducing cost and enhancing research capabilities through more efficient utilization of corporate resources， in addition to the existing technical cooperation， Nippon Steel and AK Steel will explore possible expansion of the scope of the technical cooperation which will include joint development of manufacturing technology and new products in the electrical steel area.

Each company seeks to meet its customers’ needs to utilize more efficient materials， thus improving the efficiency of electrical generation and transmission equipment， while contributing to the protection of the global environment.

For more information， please contact:

Public Relations Center， Nippon Steel Corporation， Tel: 81-3-3275-5021