Sep. 15, 2016
Nippon Steel & Sumitomo Metal Corporation
Installation of the No.3 Metal Coating Line in NS BlueScope (Thailand) Limited
NS BlueScope Coated Products, which is a 50/50 joint venture of Nippon Steel & Sumitomo Metal Corporation (President:Kosei Shindo, hereinafter 'NSSMC' Group) and BlueScope Steel Limited, Australia (CEO: Paul O'Malley, hereinafter 'BSL') focusing on coated products business (hot-dip galvanized steel sheets, painted steel sheets and roll-formed building products) in Southeast Asia and the U.S., has decided to install the No.3 Metal Coating Line in NS BlueScope (Thailand) Limited, a subsidiary of NS BlueScope Coated Products, and enhance production capacity of zinc/aluminum (55%) hot-dip alloy coated steel and painted steel to capture growing demand of the building and construction market in Thailand.NS BlueScope (Thailand) further strengthens the responsiveness to the needs of customers in the building and construction market and provides more value-added products and services.
<Outline of No.3 Metal Coating Line>
(1) Investment: |
Approximately 125 million USD including working capital (Approximately 12.5 billion JPY) |
(2) Production capacity: | 140,000 tons/year |
(3) Production category: |
Zinc/aluminum (55%) hot-dip alloy coated steel and painted steel |
(4) Commencement: |
Middle of 2018 |
Joint Venture Name: |
NS BlueScope Coated Products |
Equity ratios: | NSSMC Group 50% and BSL 50% |
Purpose of business: |
Manufacture and sale of hot-dip galvanized steel sheet, painted steel sheet and roll-formed building products |
Main capacities: |
Cold-rolling capacity: 800,000 tons/year Hot-dip galvanizing capacity: 1,400,000 tons/year Painting capacity: 500,000 tons/year Roll-forming bases: 24 bases |
Employees: | Approximately 3,000 |
Chairman: |
Mr. Yasumitsu Saeki(Representative Director and Executive Vice President of NSSMC) |
CEO: |
Mr. Sanjay Dayal(Appointed by BSL) |
(1) Purpose of business: |
Manufacture and sale of hot-dip galvanized steel sheet and painted steel sheet |
(2) Main capacities: |
Cold-rolling capacity: 350,000 tons/year Hot-dip galvanizing capacity: 350,000 tons/year (2 lines) Painting capacity: 90,000 tons/year |
(3) Location: | Rayong, Thailand |
For inquiries
Public Relations Center TEL: +81-3-6867-3419,2135, 2146, 2977
Nippon Steel & Sumitomo Metal Corporation published this content on 15 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 15 September 2016 04:08:02 UTC.
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