Nippon Steel and Sumitomo Metal Corporation, or NSSMC, is a Japanese steel and metal producer, headquartered in Tokyo, Japan. Founded in 2012, the company is the result of a merger between Nippon Steel Corporation and Sumitomo Metal Industries. As one of the world’s leading steel producers, with an annual output of 44.7 million tons, NSSMC has an established presence in the international market and is a major exporter of steel and metal products.
NSSMC’s main products are flat, long and specialty steel products, including hot-rolled and cold-rolled steel sheets, as well as carbon and stainless steels. The company produces a wide range of products for a variety of industries, such as automotive, construction, and shipbuilding. In addition, the company produces semi-finished and finished products, such as titanium and copper alloys, special steels, and aluminum and nickel products.
NSSMC is one of the largest steel and metal producers in the world, with a large presence in the Asian market. The company has 17 group companies and over 130,000 employees worldwide. In 2017, the company achieved sales of ¥7,845 billion, making it the fifth-largest steel producer in the world.
In terms of the company’s operations, NSSMC has two business segments: Steel and Steel Related Products, and Nonsteel Products. The Steel and Steel Related Products division manufactures a wide range of steel products, such as hot- and cold-rolled steel sheets, as well as forged and stamped products. These products are sold directly to customers in both industrialized and emerging markets, as well as to major automakers, such as Honda and Nissan in Japan.
The Nonsteel Products division, which is responsible for the production of all other products, comprises specialized alloy and stainless steel products, titanium and special aluminum products, high-performance alloys, and high-purity materials. In addition, the division produces aluminum products, such as wheels, forgings, and sheets.
NSSMC is one of the leaders of the steel and metal industry, and has embarked on a number of strategic initiatives to further strengthen its competitive position. In 2018, the company announced that it was investing ¥108 billion in new plants and equipment in China, with an aim of expanding its presence in the Chinese market. The company also has a strong presence in Southeast Asian countries, such as Vietnam, Thailand, and Indonesia, where it is building new manufacturing facilities.
In addition to its international expansion efforts, the company is also working to become more environmentally friendly. As part of this effort, NSSMC announced that it would be investing ¥10.4 billion to construct a “Green Steel Mill” in Shimizu, Japan, that utilizes advanced technologies to reduce emissions from manufacturing steel and metal products.
NSSMC is an important player in the international steel and metal industry and is well-positioned to continue its growth into the future. With its international presence, strong financial position, and commitment to environmental sustainability, the company is well positioned to become an even larger player in the marketplace.
