Cooperation between Nippon Steel and Nippon Metal Industry

2002/06/19

Nippon Steel Corporation
Nippon Metal Industry Co., Ltd.
June 19, 2002


Nippon Steel Corporation (headquartered in Chiyoda-ku, Tokyo, President; CHIHAYA Akira) and Nippon Metal Industry Co., Ltd. (headquartered in Shinjuku-ku, Tokyo, President; KIMURA Ryoetsu) have agreed to the following cooperation to strengthen their respective competitiveness.




1. The supply of semi-finished stainless steel plates and medium sheets from Nippon Steel Corporation to Nippon Metal Industry Co., Ltd. which was started in 2000 will increase. In connection with this increase, Nippon Metal Industry Co., Ltd. will supply semi-processed stainless steel products, etc., to Nippon Steel Corporation.


2. If Nippon Metal Industry Co., Ltd. formulates a future plan on the business of special stainless products at its Sagamihara Plant, Nippon Steel Corporation will then undertake a study towards a possible cooperation concerning the implementation of the plan.


3. The two companies will discuss measures for enhancing their respective competitiveness such as cooperation to reduce the cost in connection with delivery of stainless steel products.



For further information about this announcement, please call:

Nippon Steel Corporation: Public Relations Center,Corporate Secretariat DivisionTel: 03-3275-5021
Nippon Metal Industry Co., Ltd.: Corporate Planning Department Tel: 03-3345-5417


Page Top

Footer information