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Nov. 2002 NSC and SMI began cooperation for hot rolled steel sheets, strengthened the alliance, and agreed on mutual capital subscription (of about ¥5 billion each) NSC and Kobe Steel strengthened cooperation, and agreed on mutual capital subscription (of about ¥3 billion each) Sep. 2003 NSC and Kobe Steel integrated their plate fusion-cutting business (establishment of Nittetsu Shinko Shearing) Oct. 2003 NSC and SMI integrated their stainless-steel business (establishment of Nippon Steel & Sumikin Stainless Steel Corp.) Jan. 2005 NSC, SMI, Sumitomo Pipe & Tube Co., Ltd., and Sumitomo Corporation began alliance in the automotive steel tube business in China (start of commercial production by Guangzhou You-Ri Automotive Parts Co., Ltd.) Mar. 2005 NSC, SMI, and Kobe Steel began studying to deepen their cooperation and to mutually acquire each other’s shares Apr. 2005 NSC and Kobe Steel began supplying hot rolled steel sheets to SMI Jun. 2005 NSC and Kobe Steel subscribed part of the capital of East Asia United Steel Corporation (10% and 2%, respectively) Joint use of the iron- and steelmaking facilities of Wakayama Works of Sumitomo Metals (start of slab supply to Nippon Steel) Dec. 2005 NSC, SMI, and Kobe Steel additionally cross-purchased each other’s shares on the back of expanded and enhanced cooperation NSC → SMI 2.55%→5.01% SMI → NSC 0.52%→1.81% NSC → Kobe Steel 1.80%→2.05% Kobe Steel → NSC 0.29%→0.41% SMI → Kobe Steel 1.80%→2.05% Kobe Steel → SMI 1.52%→1.71% Mar. 2006 NSC, SMI, and Kobe Steel agreed to deepen their cooperation (joint studies on deepening the cooperation and how to cope with a takeover bid) Apr. 2006 NSC and SMI jointly undertook their cast-steel rolling-mill roll business (establishment of Nippon Steel & Sumikin Rolls Corporation) Dec. 2006 The Nippon Steel Group and the Sumitomo Metals Group integrated their structural steel sheet business, and their road and civil engineering business (establishment of Nippon Steel & Sumikin Coated Sheet Corporation and Nippon Steel & Sumikin Metal Products Co., Ltd.) Oct. 2007 NSC, SMI, and Kobe Steel began study of deepening and expanding their cooperation NSC and SMI to more effectively utilize the expanded iron- and steelmaking capacity of SMI’s Wakayama works. NSC and SMI to secure high-grade steel sheet supply capacity and to jointly deal with SMI’s Naoetsu operation. NSC and Kobe Steel to cooperate in the environmental and recycling areas and to exchange iron-making technology. Dec. 2007 NSC, SMI, and Kobe Steel additionally cross-purchased each other’s shares on the back of expanded and enhanced cooperation NSC → SMI 5.01%→9.4% SMI → NSC 1.81%→4.2% NSC → Kobe Steel 2.05%→3.4% Kobe Steel → NSC 0.41%→0.8% SMI → Kobe Steel 2.05%→3.4% Kobe Steel → SMI 1.71%→2.3% Apr. 2008 SMI began consigning production of stainless steel boiler tubes to Kobe Special Tube Co., Ltd. Oct. 2008 NSC and Kobe Steel undertook the business of steel dust recycling and production and utilization of directly-reduced iron on a joint basis (establishment of Nittetsu Shinko Metal Refine Co., Ltd.) Jul. 2009 The Nippon Steel group and the Sumitomo Metals group integrated their arc-welded stainless steel pipe and tube business (establishment of Sumikin & Nippon Steel Stainless Steel Pipe Co., Ltd.) Oct. 2012 NSC and SMI integrated their business and formed NSSMC NSSMC → Kobe Steel 2.9% Kobe Steel → NSSMC 0.7% Nisshin Steel May. 2000 Mutual supply of stainless steel hot rolled materials (chromium: Nippon Steel to Nisshin, nickel: Nisshin to Nippon Steel) Mar. 2017 Nisshin Steel was acquired and made into a subsidiary. Aims to create synergies by bringing together the management resources of both groups and to promote alliance NSSMC’s ownership: 51.0% Jan. 2019 Nisshin Steel was made into a wholly owned Apr. 2019 Integration of stainless steel sheet business of NSSMC, Nisshin Steel, and Nippon Steel & Sumikin Stainless Steel Corporation Apr. 2019 Integration of welded stainless steel pipe & tube business of NSSMC, Nisshin Steel, Nippon Steel & Sumikin Pipe, Nippon Steel & Sumikin Stainless Steel Pipe, and Nisshin Stainless Steel Tubing Apr. 2020 Merged with Nippon Steel Sanyo Special Steel Feb. 2006 Alliance for strengthening each other’s competitiveness (mutual commissioning of production, cost reduction, and joint R&D) Sanyo Special Steel became an equity-method affiliate of Nippon Steel Mar. 2019 NSSMC made Sanyo Special Steel a subsidiary. Sanyo Special Steel acquired all shares of Ovako AB from NSSMC and made Ovako a wholly-owned subsidiary Nippon Steel’s ownership: 51% Mitsubishi Steel Mfg. Apr. 1994 Mutual toll production with Mitsubishi Steel Muroran Inc Jul. 2005 Purchase of a shut-down electric furnace of Mitsubishi Steel and re-start of its operation at Nippon Steel's Muroran Works Oct. 2017 NSSMC increase volume in outsourced manufacturing of steel billets to Mitsubishi Steel Muroran Inc Nippon Steel’s ownership: 1.4% Aichi Steel Nov. 2000 Cooperation in automotive special steel bar & wire rods (strengthening competitiveness on production and cost, and joint R&D) Nippon Steel’s ownership: 7.7% Godo Steel Jun. 2007 Alliance for strengthening each other’s competitiveness (commissioning of production, effective utilization of infrastructure of Godo Steel) Godo Steel became an equity-method affiliate of Nippon Steel Nippon Steel’s ownership: 15.0% Topy Industries Sep. 2008 Alliance for strengthening each other’s competitiveness Oct. 2008 Topy Industries became an equity-method affiliate of Nippon Steel Nippon Steel’s ownership: 20.0% Alliances with Overseas Steelmakers ArcelorMittal Mar. 1990 Start of operation of I/N Tek, a joint venture with Inland Steel* for toll processing of cold rolled steel sheets (Nippon Steel 40%, Inland Steel 60%) Oct. 1991 Start of operation of I/N Kote, a joint venture with Inland Steel for the manufacture and sale of coated steel sheets (Nippon Steel 50%, Inland Steel 50%) Jan. 2001 Global strategic alliance agreement with Usinor* (furthering business cooperation in the automotive sheet steel area, license agreements for the existing technologies, joint R&D, etc.) Apr. 2002 Technical cooperation arrangements made for automotive steel sheet with Arcelor and Tata Steel Oct. 2003 Deepened the alliance with the Ispat group in North America (improvement of the high-grade steel sheet supply system for Japanese automotive makers in North America) Jul. 2007 Memorandum of understanding concerning a joint venture in North America and a strategic alliance agreement Apr. 2008 Agreement on running a joint venture in North America and revision of the strategic alliance agreement (installation of a new hot-dip galvanizing line for automotive sheets at I/N Kote) Dec. 2008 Agreement on deferral of installation of a new hot-dip galvanizing line at I/N Kote Feb. 2014 Joint acquisition of ex. ThyssenKrupp Steel USA, LLC and established AM/NS Calvert LLC Dec. 2019 Joint acquisition of ex. Essar Steel India Limited and established AM/NS India Limited Dec. 2020 ArcelorMittal S.A. sold ArcelorMittal USA Holdings II(including I/N Tek and I/N Kote) to Cleveland-Cliffs Inc. Nippon Steel transferred its partnership interests in I/N Tek and I/N Kote to ArcelorMittal S.A. in line with the sale of ArcelorMittal USA Holdings II by ArcelorMittal S.A. * Inland Steel became Ispat Inland in July 1998, and then Mittal Steel USA in May 2005. Usinor became Arcelor in February 2002. TOB for Arcelor by Mittal Steel was completed in July 2006. Integration of Arcelor and Mittal Steel was completed in July 2007. POSCO Dec. 1998 Mutual acquisition of stocks at the money values equal to those of the purchase of government-released securities attendant on the privatization of POSCO Nippon Steel → POSCO 0.65% POSCO → Nippon Steel 0.24% Aug. 2000 Strategic Alliance Agreement and mutual capital subscriptions Nippon Steel → POSCO about 3% POSCO → Nippon Steel a little over 2% Oct. 2006 Enhancement of strategic alliance and additional cross-purchase of shares Mutual supply of semi-finished products and joint work on dry-type dust recycling Nippon Steel → POSCO additional stock acquisition of about 2% POSCO → Nippon Steel stock acquisition in approximate equal monetary value Jan. 2008 Establishment of POSCO-NIPPON STEEL RHF Joint Venture, Co., Ltd. (PNR), a joint venture concerning direct-reduction iron supply and dry-dust recycling (Nippon Steel 30%, POSCO 70%) Oct. 2010 Joint participation in Mozambique Revuboe coal mine for co-development Mar. 2011 Joint participation in Brazilian Niobium company, CBMM, as a Japanese and Korean consortium Vallourec Group 1976 Signed a license agreement on VAM®, for premium joints to connect seamless pipes (In 1985, an R&D agreement was made) 1984 Started a joint venture to manufacture and service premium joint threading in the U.S.A. Subsequently similar ventures were started in Indonesia, Singapore, Vietnam, and China Jul. 2007 Established Vallourec & Sumitomo Tubos do Brasil Ltda.（VSB）, a joint venture with Vallourec to manufacture seamless pipe in Brazil Feb. 2009 Agreed on mutual equity investments (Completed acquisition of equities in the first half of fiscal 2009) Sep. 2011 VSB started commercial operation Feb. 2016 Agreed on enhancement of strategic partnership Strengthening of the VAM® Premium Connection The acceleration of product development / industrialization, and customer services as the newly expanded scope of collaboration for VAM®. Enhanced joint operation of the seamless pipe business in Brazil Integrating Vallourec Tubos do Brasil S.A. (“VBR”) and VSB. Equity investment in vallourec Increasing NSSMC's shareholding ratio to 15%. ※ Vallourec issued new shares to its employees in December 2016, resulting in changing NSSMC's shareholding ratio Oct. 2016 VBR and VSB merged to become a new company Vallourec Soluções Tubulares do Brasil S.A. (“VSB”). Mar. 2021 Completed the transfer of all shares owned by NSC in VSB to Vallourec China Steel Corporation Apr. 2002 Agreed on stable supply of slab May 2003 Signed a joint venture agreement for upstream operation at Wakayama Steel Jul. 2003 Established East Asia United Steel Corporation Nov. 2003 Established Sumikin Iron & Steel Corporation (Completed the joint venture framework for upstream operations) Spring of 2005 Expanded supply of slab to 1.8 million tons per year May 2007 The cumulative shipment of slab reached 5 million tons Aug. 2007 China Steel Group made capital investment in Thai Sumilox Co., Ltd. Mar. 2008 Made capital investment in CSGT Metals Vietnam Joint Stock Company (CSMV) Aug. 2008 Concluded agreement to establish China Steel Sumikin Vietnam Joint Stock Company (CSVC), a steel sheet joint venture in Vietnam May 2009 Established CSVC, a steel sheet joint venture company in Vietnam Apr. 2013 CSVC started operation Maximizing the Effects of the Alliances in Japan and Abroad Click to see larger image Prev Next Page top Lang : JP EN 中文 Products Use application Six strengths --> News and events Downloads Contact Us Research & Development Overview of R&D Laboratories Technical Papers and Technical Reports About Nippon Steel Who we are Offices Manufacturing Bases Investors IR News Management Plan Financial Information IR Library Stock & Corporate Bonds To Our Shareholders Investor FAQs IR Calendar Terms & Conditions Sustainability Environment Social Governance Copyright NIPPON STEEL CORPORATION. All rights reserved. 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