Steel Wires Joint Venture Company for Cold Heading and Forging in USA (NSCI) Starts Commercial Production
Apr. 25, 2018
Nippon Steel & Sumitomo Metal Corporation
Steel Wires Joint Venture Company for
Cold Heading and Forging in USA (NSCI) Starts Commercial Production
Nippon Steel & Sumitomo Metal Corporation (hereinafter “NSSMC”) established “NIPPON STEEL & SUMIKIN COLD HEADING WIRE INDIANA INC. (hereinafter “NSCI”)”, an U.S. company manufacturing and selling steel wires for cold heading and forging, in February 2016. Since June 2016, NSCI has constructed a plant, conducted trial operations, shipped samples to customers, and recently started its commercial production.
NSSMC will closely capture the globally growing demand for special steels by establishing this steel wire manufacturing plant, which will become its third overseas plant, in addition to those established in Thailand and China. The new plant at NSCI has annual production capacity of 36,000 tons and is capable of manufacturing steel wires with a maximum diameter of 40 mm.
By making use of the plant’s proximity to customers, NSSMC will meet demand from the major production plants of Japanese automobile and parts manufacturers and display strong delivery capability.
Steel wires for cold heading and forging*, which are produced by adding secondary processes (such as pickling, coating, wire drawing and heat treatment) to hot rolled wire rods, are mainly used for important safety-related parts such as automobile bolts. Therefore, these steel wires require a very high level of quality mainly in terms of internal quality and surface defects. In order to satisfy these requirements, NSSMC and NSCI are cooperating in performing strict and unified quality management for wire rods and steel wires.
Under the banner of SteeLinc®, the brand of NSSMC's Bar & Wire Rod Unit, NSCI will contribute to enhancing the value of customers' products through proposals that optimize the combination of steel materials and secondary processes (steel materials x processing methods). The steel product menu includes steel for high-strength bolts (MB series and ADS series) and steel that omits processes (such as new soft wire rods and untempered steel for cold forging (NHF® and SUC80D)), which maximize the potential of steel.
Photo taken before first customer shipment
* See details on SteeLinc website, Steel Wires for Cold Heading and Forging Product page
|Company Name||:NIPPON STEEL & SUMIKIN COLD HEADING WIRE INDIANA INC. (NSCI)|
|Head Office||:Shelbyville, Indiana|
|Business||:Manufacture and sales of steel wire for cold heading and forging|
|Shareholders|| :Nippon Steel & Sumitomo Metal Corporation 42%;|
Matsubishi Metal Industry Co., Ltd. 5%;
Nippon Steel & Sumikin Steel Processing Co., Ltd. 5%;
Miyazaki Seiko Co., Ltd. 5%; Sanyu Co., Ltd. 1%;
Toyota Tsusho Corporation 12%;
Nippon Steel & Sumikin Bussan Corporation 10%;
Metal One Corporation 10%;Sumitomo Corporation 10%
|Investment||:Approximately US$50 million|
|Major Facilities|| : Pickling and coating line (1 unit); wire drawing machine (4 units); |
heat treatment furnace (2 units)
NSSMC Public Relations Center Tel.: +81-3-6867-3419, 2146, 2977, 2135
NSSMC Bar & Wire Rod Unit Tel.: +81-3-6867-5512