corporate brochure 2012 - nisshin steel 日 … bahru stainless sdn. bhd., for stainless steel...
TRANSCRIPT
2012.10
CORPORATEBROCHURE
2012
CORPORATE BROCHURE 2012 ̶ 21 ̶ CORPORATE BROCHURE 2012
Mission Statement
PROFILE
Incorporated in 1959, Nisshin Steel Co., Ltd.,has won a reputation worldwide for its quality productsand leading-edge manufacturing technologies.Nisshin Steel offers a broad range of innovative steel products,including coated steel, such as galvanized, aluminized,and copper-plated steel sheet and strip;stainless steel sheet and strip; hot- and cold-rolled ordinary steel sheetand strip; and special steel. The principal users ofNisshin Steel's products include the automotive, household, andindustrial electrical appliance and construction industries.
CONTENTSMessage from the President / 2
Year in Review / 3This is NISSHIN STEEL / 5
Coated Steel / 6Stainless Steel / 7
Special Steel / 8Research and Development / 9
Manufacturing Process and Nisshin Steel’s Products / 11The Plants behind Our Products : An Overview / 13
Overseas Activities / 15Subsidiaries and Affiliates / 17
Corporate Data / 18
Nisshin Steel Co., Ltd., has its origins in two companies that operated galvanizing businesses in the early 1900s. Building on these foundations, we have developed and established numerous corrosion-resistance technologies and today are proactively supplying environment- and people-friendly products with such properties as aesthetic appeal, superior heat resistance, high processability, and sound dampening. Furthermore, as a pioneer of large-scale stainless steel production in Japan, we have always been an innovator in the development of new products and new markets. Face-to-face communication with our clients characterizes our corporate approach. We
provide multifaceted products to a wide range of industries, including the construction, electrical appliance, and automotive industries, and we offer new technologies and new products, always with the aim of providing support to our clients. Despite the major role that steel has played throughout history, it still holds many possibilities. Steel is a rich resourcethat will improve the lives of future generations. The Nisshin Group is committed to its untiring research into new material applications and processing technologies and will continue to provide products that satisfy the needs of its clients.
Toshinori MikiPresident and Chief Executive Officer
The Nisshin Steel Group believes that its social responsibility is to develop and supply value products, technologies and services and create new markets so that we may help our customers accomplish their missions and goals through duly performing our corporate activities amid the globalizing economy. Our vision is to evolve and be better as a material maker.
In order to realize our vision;We strive to be a company preferred by customers, shareholders and employees of today and tomorrow. We also strive to be a company harmonious with other stakeholders and society.
Message from the President
3 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 4
Topics
Financial Review (consolidated)
Year in Review
Net Sales(Billions of yen)(Years ended March 31)
Net Income(Billions of yen)(Years ended March 31)
Net Income per Share(Yen)(Years ended March 31)
Total Net Assets(Billions of yen)(March 31)
Construction at Bahru Stainless Sdn. Bhd. Progressing SmoothlyIn March 2008, Nisshin Steel reached an agreement with Spanish enterprise Acerinox S.A. to establish a joint venture called Bahru Stainless Sdn. Bhd., for stainless steel cold-rolling business in Malaysia, a representative part of the ASEAN region that is expected to attain sustainable economic growth.The first phase of plant construction was completed in the autumn of 2011 and commercial production started in December of the year. The second phase of the project for expansion is proceeding to capture a future shift to higher-quality products in the market.Nisshin Steel is determined to accelerate the global development of the stainless steel business and redouble its efforts to explore growing markets.
Bahru Stainless Sdn. Bhd.
1 cold rolling mill/180,000 t/yr; 1 annealing and pickling/240,000 t/yr
370 million dollars
December 2011
1 cold rolling mill, 1 annealing and pickling, etc./400,000 t /yr combined with Phase�
310 million dollars
2013 (scheduled)
Manufacture and sales of cold-rolled stainless steel
Nisshin Steel 30%, Acerinox 67%, Metal One Corporation 3%
Johore, Malaysia
[Company outline]
Line of business :
Owners :
Location :
[Investment outline]
The first phase
Facilities/productive capacity :Investment amount :Start of operation :
The second phase
Facilities/productive capacity :
Investment amount :Start of operation :
Management
Business Merger with Nippon Metal Industry
Nisshin Steel and Nippon Metal Industry (collectively, “Companies”) have agreed to establish a holding company (the “Holding Company”) by means of joint transfer of their respective shares by October 1 2012, assuming that the business merger will be approved by their respective shareholders at the shareholders’ meetings and by relevant domestic and overseas authorities. In order to respond to structural changes in the business environment of stainless steel and to survive the tough competition, the Companies will not only establish themselves as the No. 1 manufacturer in overall stainless steel business in Japan (i.e., technology and products development, marketing and profitability), but also develop a firmer business platform in order to make a leap to become one of the top stainless steel manufacturers in the world by consolidating and taking full advantage of their business resources. Specifically, in order to expeditiously and steadily demonstrate the effect of the Business Integration, the Companies will implement measures to enhance the productivity by restructuring their stainless steel production system, will strengthen their sales network in domestic and overseas markets through consolidation of their sales departments and will make further consideration on implementing the policies set forth below.
Outline of integrated Company
Ordinary profit basis (projection for fiscal 2016)
No. 1 manufacturer in overall stainless steel business in Japan
leap to become one of the top stainless steel manufacturers in the world
Trade Name
Main items
Reduction of Production Costs
Sales
Overseas business
Others
Total
7 billion yen
2.5 billion yen
1 billion yen
2.5 billion yen
13 billion yen
Synergy (approx.)
Location of Head Office
Paid-in Capital
Name of Representative:
Nisshin Steel Holdings Co., Ltd.
4-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo
Toshinori MikiRepresentative Director and President & Chief Executive Officer
Date of Establishment
Stock Exchange Listing
October 1st, 2012
30 billion yen
Tokyo Stock Exchange
Share Transfer Ratio Nisshin Steel 1：Nippon Metal Industry 0.56
1. Structure of Stainless Steel Production ・Consolidation of steelmaking process ・Improvement in efficiency of hot rolling process ・Improvement in efficiency of cold rolling process
2. Stainless Steel Sales Structure ・To be consolidated into Nisshin Steel’s sales network effective October 1st
3. Other business in general ・Redevelopment of Business of Group Companies ・Consolidation of steel transport services (intoTsukiboshi Logistics) ・Improvement and strengthening of global network ・Consolidation of head office/branch office functions, etc.
Nisshin Steel Holdings
Nisshin Steel Nikkinko
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Nisshin Steel has always put itself in its
customers’positions when developing
new technologies and products. With
our personal style of doing business, we
are now expanding beyond our core
sectors to new consumer industries.
With careful consideration of client
and market requirements at every stage
of product development, we offer both
existing and new products for a variety of
applications and with comprehensive
customer support.
Our mission starts with the
procurement of iron ore and coke,
continuing with the supply of finished
products that meet the diverse
requirements of end users, including
superior heat resistance, corrosion
resistance, and aesthetic appeal. We
constantly strive to upgrade every
section of our production process and
enhance our capabilities to maintain our
commitment to satisfying the needs of
our core industries.
5 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 6
This is NISSHIN STEEL
Steel-The Heart of Industry :Today’s Nisshin Steel,Working More Closely with Society
Automotive Products
Construction
Electrical Appliances
Industrial Machinery
Electronics
Coated Steel
Exhaust system materials, automotive sheet components, reinforcement components, fuel lines, brake lines, electrical appliances, gas stoves, gas ovens, covers for audiovisual equipment, washing machines, casings for microwave ovens, material for magnetic shielding, printed circuit boards, roofing, siding, shutters, structural material used in prefabricated homes, machine tool containers.
Coated Steel
Stainless SteelExhaust system materials, molding, disk brakes, wheels, ID saw blades, solar battery substrates, liquid crystal television parts, elevators, indoor plumbing, decorative pipe, roofing, siding, other decorative applications, washing machines, microwave ovens, chemical equipment, kitchen facilities, kitchen utensils, household appliances, springs, steel beltings.
Processed productsRoofing, siding.
Hot- and Cold-Rolled Ordinary Steel
Automotive internal plating, reinforcement materials, brake pad components, rims, propane containers, steel furniture, office equipment, decorative trays, bearing metal, shadow masks, lead frames, motors, relays, electron tubes.
Special SteelSeat belt fittings, chains, washers, springs, steel belting, mainsprings, saws, knives.
The history of coated steel began with measures to counteract steel’s weakest point: rust. Steel-coating methods can be divided into plating and coating and plating further divided into electroplating and hot dipping. Today, steel is coated not only for protection against rust but also to meet the demand for environment-friendly features, such as product longevity, efficient use of resources, process efficiency, and cleanliness. In hot dipping, we diversify and combine both the substrate and coating materials to create unique heat-resistant and corrosion-resistant products. Through this process, we achieve sophisticated, long-lasting products. In electroplating, we fuse high-quality membranes to the plate to produce products with such beneficial features as emollient surfacing and superb processability. In consideration of the environment, we have totally eliminated hexavalent chromium from the post-treatment process. We have created numerous products that feature enhanced aesthetics as well as such benefits as superb processability, pollution prevention, and wear and abrasion resistance. Some examples are Tecstar, which is a supercorrosion- resistant precoated steel that maintains its surface quality, even during deep drawing; our lubricated galvanized steel, which eliminates the customer’s need for product degreasing ; and our heat-resistant, nonadhesive steel.
Productivity,Quality, and Wide Application
The hot-dipping technique is derived from the YG method, which has been used to develop numerous products, as it allows a greater variety of base material and plating material combination matrices. Examples of these products include PAINTITE (zinccoated steel), ALSTAR (aluminum-coated
steel), Galvastar (55% aluminum-zinc-alloycoated steel), and ZAM®
(next-generation hotdipped, super-corrosion-resistant zincaluminum- magnesium-alloy-coated steel). We are creating products with special features that meet the needs of our clients and finding optimal applications for the sheet products we manufacture.
Diversified Substrates and Coating Materials Combined to Create Unique Hot-Dipped Products
As electroplating can be used to coat products of any shape, this method has a wide variety of applications, especially in the electronics industry. Our Moonstar Zinc and Moonstar Zinc Super are representative of our electroplated galvanized steel product lineup.
The Super Corrosion Resistance and Smooth Surface of Our Electroplated Galvanized Steel Sheet Make It the Material of Choice in the Market
ALSTAR Stainless Steel (factory roofing for seaside locations)
ZAM®
(structual material used in prefabricated homes)
Hot-dipped galvanizing
ZAM® is hot-dipped zinc-aluminum-magnesium-alloy-coated steel developed as a highly suitable new product for the 21st century. Our newly developed technology, which involves adding magnesium bath at a stable rate during the plating process, enables super corrosion resistance without increased coating weight. In addition to its durability, ZAM® is an apt response to the shift from the use of wood to steel as a construction material. ZAM® contributes to the conservation of forests and is thus friendly to society and the environment. ZAM® is the product of the new galvanizing line at the Toyo Works, and we are working to expand its applications.
Coated Steel with Added Magnesium ZAM®
Sound Barrier PanelAl Zn
Zn2Mg
From Iron to Fine Steel:Technology and Experience Are Our Greatest Assets
Although its proud history extends
back to the early 1900s, today’s
Nisshin Steel was incorporated in April
1959 with the merger of Nihon Teppan
and Nichia Steel. With the installation
of our first blast furnace in 1962, we
evolved into an integrated steel
manufacturer and staked our place as
a specialist in the coated steel sheet
and stainless steel sheet markets.
Since then, Nisshin Steel has
continued to be the industry leader,
making progress in all areas of its
business. We developed a highly
praised proprietary gas-wiping (YG)
method for galvanizing and
aluminizing steel sheet. We have also
led the industry with tandem
Sendzimir mills, converters, vacuum
degassing, and other sophisticated
technologies. Today, we are the leader
for both quality and volume of
production in the specialty steel
industry, especially in the field of
coldrolled special steel strip.
Today, Nisshin Steel is growing
closer to consumer industries, as it
continues to foster business by paying
close attention to client needs and
developing new products and
applications. Our product line now
ranges from everyday consumer goods
to products found in cutting-edge
fields. Through our face-to-face, personal
approach to doing business, we are
pursuing the attainment of high added
value in all our products and staying in
tune with our customers’perspectives.
Picture from transmission electron microscope using ZAM ® eutectic structure galvanized steel
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We offer a variety of coated steel sheets with special post-treatments containing no environmentally-unfriendly hexavalent and other chromium compounds. Our product lineup in this area can meet diverse needs, and includes such metal-coated sheets as Moonstar Zinc (electrogalvanized steel), ZAM® , and ALSTAR (hot dipped aluminized steel).
Chromium-Free Surface Treatment Reduces Environmental Impact
Moonstar Zinc, without any trace of environmentally-unfriendly chromium, offers properties valued by customers including excellent corrosion resistance, smudge resistance, electrical conductivity, paint and lubricant acceptance, weldability and formability. This product is currently used widely in personal computers, printers, copiers, and other similar applications.
COPIER CHASIS
Moonstar Zinc : Chromium-Free Electrogalvanized Steel Sheets
Manufacturers of home electrical appliances require precoated steel sheets with paint film adhesion strong enough to withstand forming and processing, and with adequate durability against food, cleansers, solvents, and acids and alkalis. Consequently, we have carried out wide-ranging investigations on every aspect of paint-coating process including pre-treatments, rust-resistant pigments and paint resins, and have successfully developed highly formable chromate-free precoated steel sheets to meet such needs.
Chromium-Free Precoated Steel Sheets for Applications Requiring High Formability
Cold-rolled special steel (seat belt buckles) Tough-Tain I
Stainless Steel pipe(exhaust manifold)
Cold-rolled special steel strip (cutters)
Cold-rolled special steel strip (spiral spring)
NSS 304ES(immersed pump case)
Special SteelNisshin Steel has been producing flat-rolled special steel products for more than fifty years and now holds approximately 50% of the market share in Japan. There are several reasons behind our predominant presence.
We have been fully committed to responding to such diverse customer needs as reducing costs, upgrading their own products, and trying out new fabricating techniques and processes for efficiency. In furtherance of our long-time relationships with our customers, we continue to improve our technologies and quality and develop new, multifunctional steel.
Excellent Manufacturing Technology and Product Quality
We produce approximately 150 types of steel, according to JIS, SAE, and own mill standards with improved temperability and malleability as requested by customers.
JIS :SC, SMn, SCr, SNC, SCM, SNCM, SK, SKS, SUPSAE :10 series, 15 series, 41 series, 51 series, 61 series, 86 series
Our products are supplied in:Hot-rolled steel sheet ;hot-rolled, pickled, or pickled and annealedCold-rolled steel sheet and strip ;tempered or annealed
Availability of Wide Variety of Steel
Our main market for special steel is automotive parts, accounting for 70%, followed by industrial machine components and cutting tools. Major applications include:
Clutch plates for automatic transmissions :temper-rolled S35CSeat belt buckles :hot and cold S55C, N55D (Nisshin standard)Sheet gear :hot and cold S45C, SCM415, SNCM220
These automotive parts are made with the fine blanking method and cold-rolled strip is used. But, due to improvements in the fine blanking technology and steel quality, hotrolled steel sheet is increasingly being used and, in the near future, will completely replace cold-rolled strip.
Market for Special Steel
Stainless Steel
Globally, stainless steel enjoys preeminent status as an industrial material due to its excellent corrosion resistance and strength in mechanical applications, and its uses have evolved along with the times. The Japanese steel industry boasts the world’s largest variety. The uses for stainless steel have expanded to include applications in the construction, chemical, electronics, and energy industries, and the development of new types of steel is proceeding at a lively pace. In 1958, Nisshin Steel built the world’s first Sendzimir mill and established itself as Japan’s first integrated stainless steel manufacturer. Furthermore, we have made use of breakthrough manufacturing equipment and methods, such as converters and vacuum degassing, and have installed a tandem Sendzimir mill at our Shunan Works. Available in a variety of gauges, from thick to ultrathin, our stainless steel products enjoy the reputation of being among the world’s finest.
Always Leading the World in Cold-Rolled Stainless Steel
We have developed an austenitic stainless steel, NSS 304ES, which has the lowest hardness of any type of stainless steel. A decrease in the work-hardening ratio and solid solution contribute to the softening of this new steel. NSS 304ES is suitable for many applications using such processes as cold-forming, transferred press, and stretch flanging. Intermediate annealing is not necessary with this steel in multistage press forming owing to its superior formability and softness. With these characteristic properties, it is possible to reduce load in cold-forming and blanking, which makes this steel useful for various applications.
NSS 304ES Extremely Soft AusteniticStainless Steel
Our aluminum-plated ALSTAR Stainless Steel, compared to traditional stainless and coated steel, possesses markedly improved corrosion resistance and is used in automotive exhaust systems, roofing for seaside structures, and for applications in other highly corrosive environments.
ALSTAR Stainless Steel :Superb Heat and Oxidation Resistance, Born of the Fusion of Stainless Steel and Aluminum
With numerous special features, such as heat resistance, durability, cost-effectiveness, processability, and aesthetic appeal in addition to super corrosion resistance, Nisshin Steel’s ferritic stainless steel for construction applications is available in the following three types.
Tough-Tain I : NSS 445M2With a basic composition of 22% chromium and 1.2% molybdenum, Tough-Tain I features strong resistance to heat and salt in addition to excellent cost performance.
The Tough-Tain Series:Ferritic Stainless Steel for Use in Construction
Tough-Tain II : NSS 447M1With a basic composition of 30% chromium and 2% molybdenum, this product features a higher chromium content than Tough-Tain I, allowing for remarkable resistance against saltinduced corrosion. Tough-Tain II is perfect for use on reclaimed land and areas where exposure to salt is high. Tough-Tain Z : Moonstar Galvanized Stainless Steel Tough-Tain Z is ferritic stainless steel with a heavy zinc coating for high corrosion resistance. The combination of super corrosion resistance and aesthetic appeal makes this product unique.
Compatible with an array of applications, such as decorative and structural pipe as well as plumbing and indoor piping, Moonstar stainless steel pipe possesses superb mechanical properties, ideal for bending and leveling processes. Even when subjected to severe conditions, for example, in chemical production, Moonstar stainless steel pipe has won the trust of clients owing to its super heat and corrosion resistance.
All-Purpose Stainless Steel Pipe:From Sewers to Industrial Plumbing and Decorative as well as Structural Applications
R&D Organization
High-tensile steel sheets; highly formable steel sheets ; analytic technologies
Special steel products; hot-rolled steel coils
Hot-dipped steel sheetsElectroalvanized steel sheetsChemical-treated steel sheets ; functionality-treated steel sheets
Research on carbon and special steel products, and relevant manufacturing processes.
Research on stainless steel products, high-alloy steel products, and relevant manufacturing processes.
Metal-coated products and relevant manufacturing processes.
Research on organic coating products, new functional materials, and relevant manufacturing technologies.
Research on formed products and elemental forming technologies.
Administrative operation of F-Tech.Plaza
Overall Management of Intellectual Property.
Joining technologies and roll-forming technologiesRolling technologies and FEM simulationsPressing technologies
Our R&D organization focuses on customer needs and on manufacturing
and processing practices. The five research departments in the
organization are each located in our different production facilities and
cooperate with their respective host facilities to develop new materials,
and long and complex processing sequences—often involving ten to
twenty individual processes—that are required to bring new products to
market. Each department is proactively working to further develop
“value-added flat rolled steel products”, to achieve differentiation, and to
open up new fields and applications.
Steel & Technology Development Laboratories
Organic Coating & Composite Products Department
Forming Technology Department
Intellectual Property Office
Steel Products Department
F-Tech, Plaza
Planning Team
Stainless Steel & High Alloy R&D Department
Surface Treatment Department
Stainless steel and relevant manufacturing technologiesSpecial-performance steel; highly formable steelHigh-strength steel; corrosion-resistant steelSteel for automotive applications; steel for fuel cells
Paint-coated steel sheets for exterior applicationsPaint-coated steel sheets for forming Highly functional paint-coated steel sheets
Overall Management of Laboratories
9 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 10
Research & Development
Comprehensive R&D Organization :From Anticipation of Needs to Release of New Products ZAM®:
Steel sheet coated with super-corrosion-resistant alloy (Zn-6%-Al-3%-Mg)
Nisshin’s proprietary new technology involves addition of magnesium at a stable rate to the coating bath, resulting in a metal-coat that offers superlative corrosion resistance and scratch resistance. Because of its ability to withstand corrosive
environments, ZAM® is an ideal substitute for a number of structural materials including those of next-generation houses, and for post-hot dip or electrogalvanized products now used in manufacture of parts.
Steel sheet with chromium-free surface treatment
As chromium can adversely impact the environment, we offer metal-coated steel sheets with special post-treatment that contains no traces of hexavalent chromium or other compounds, and paint-coated sheets that have no chromium compounds in the paints or the pre-painting treatment. These products are suitable for a variety of applications, and they comply with various ordinances (such as the European Union’s ELV and ROHS directives) against specific toxic substances.
1) Surface-Treated Steel Sheet (Metal-coated Steel)
3) Stainless-Steel Sheets
Examples of Newly Developed Products
Steel Sheet with Heavy Urethane Coating
This product is comprised of a ZAM® substrate with urethane coating approximately twice as thick as that applied on conventional paint-coated steel sheets. The product offers excellent resistance against scratch, edge corrosion and weathering, and is ideal as a material for a wide range of applications including roofs, exterior walls, corner and edge tiles, shutters and door panels.
Steel Sheet with Heat-Resistant Non-Stick Hard Paint-coated
This product is ideal for cooking utensils: its non-stick paint allows cooking debris to be wiped away easily, and also provides resistance against scratch and wear. No chromium is contained in the paint itself or in the pretreatment. Excellent for such applications as ovens, electric ranges, gas tables, IH cookers, bread and cake molds, and oven plates.
Pearl-Toned Transparent-Paint Stainless Steel
Pearl-luster pigments are mixed into the transparent paint, generating rich, sophisticated, aesthetically pleasing color tonalities. The product series is available with a variety of stainless steel substrates, and offers seven different color tones and four different functionalities. Suitable for a wide range of applications.
NSS 304ES Ultra-Soft Austenitic Stainless Steel : For Forming Applications
This grade is a SUS 304-derivative, in which we have modified the compositions so as to make the steel extra-soft, to reduce its proof stress and work hardening, and to provide better ductility. The resultant product is ideal for high-level forming applications. NSS 304ES offers reduced abrasion to metal molds and reduced load on forming presses, and it eliminates the need for annealing after multistage drawing.
Tough-Tain Series : Ferritic Stainless Steelfor Use in Construction
In addition to excellent corrosion resistance, the products in this series offer various characteristics ideal for construction applications—such as low thermal expansion, durability, cost-effectiveness, processability, and aesthetic appeal. The series consists of three main products : Tough-Tain I (NSS 445M2), Tough-Tain II (NSS 447M1), and Tough-Tain Z. The first two are also offered in Tough-Tain Iu and Tough-Tain IIu versions coated with a special environment-friendly transparent resin. These environment-friendly products may be roll-formed without protective films that must later be disposed as industrial wastes.
2) Surface-Treated Steel Sheet (Paint-coated Steel)
Hot rolling with a pilot rolling mill
Composite weathering test of paint-coated steel sheet
Metal-coating test with a gas-reduction hot dipping tester
COATED, ORDINARY, AND SPECIAL STEEL
Blast furnace
Hot metalpretreatment
ConverterVacuum degassing
vessel Heatingfurnace
Roughing mill Finishing mill
Hot-rolling mill
Continuouspickling line
Tandemcold-rolling mill
Continuous galvanizingand aluminizing line
Continuouscoating line
Cold-rollingsteel strip mill
Electrolyticgalvanizing line
Reversingcold-rolling mill
Continuous annealingand processing line
Hot-rolled steel sheet and strip
Cold-rolled steel sheet and strip
PAINTITE B
PAINTITE
ZAM®
Moonstar Color
Galvastar Color
Weather-Resistant Alstar Color
Moonstar Vinytite
Moonstar Zinc
Moonstar Coppertite
Special steel sheet and strip
Cold-rolled special steel strip
Cold-rolled steel strip
Moonstar bainite strip
Sendzimir millContinuousslab-casting line
Galvastar
Alstar
Weather-Resistant Alstar
Tecstar
Multi-functional PCM
Annealingfurnace
Nisshin Steel’s Products and their Applications
Coated SteelPAINTITE B(Galvanized sheet and strip) Roofing materials, ducting, containers, paneling, pipe, guardrails, silos
PAINTITE(Galvannealed sheet and strip) Shutters, electrical household appliances, automobiles, sashes, construction materials
ZAM®
(Zn-Al-Mg-alloy coated) Construction materials
Moonstar Color (prepainted galvanized and galvannealed sheet and strip)
Roofing, siding, paneling, shutters, household hardware
Tecstar(precoated galvanized and galvannealed sheet and strip) Electrical household appliances, office equipment, household equipment
Moonstar Zinc (electrolytically galvanized sheet and strip) Automobiles, electrical household appliances, building materials
Moonstar Vinytite (polyvinyl chloride metal laminated sheet and strip) Roofing, siding, paneling, ceiling materials, partitions, shutters
Moonstar GL Color TF (prepainted galvanized and galvannealed sheet and strip) Roofing, siding, electrical household appliances
Moonstar Coppertite (electrolytic copper-plated sheet and strip) Double- and single-wall tubes, electrical grounding, electrical parts, material for nickel-chrome plating
Alstar(aluminized sheet and strip) Exhaust pipes, mufflers, parts for gas and kerosene heaters, reflecting boards for toaster ovens and stoves, shrink bands forcathode-ray tubes
Alstar Color (prepainted aluminized sheet and strip) Mufflers (outer shells), roofing and siding for warehouses and factories
Weather-Resistant Alstar (sheet and strip with extra-thick aluminum coating) Roofing, siding for warehouses and factories, insulation for boilers and ducts
Weather-Resistant Alstar Color Roofing, sidingWeather-Resistant Alstar Color F Roofing, sidingGalvastar(Zn-55%Al-coated sheet and strip) Roofing, siding, electrical household appliances, ducting containers
Moonstar GL Color SELiOS (Prepainted Zn-55%Al-coated sheet and strip) Roofing, siding
Multi-functional PCM Electrical household appliances, household equipmentPipe Automobiles, bicycle parts, construction materials
Stainless SteelHot-rolled stainless sheet and strip Chemical plants, pollution control, and other equipment
Cold-rolled stainless sheet and strip Kitchen sinks, bathtubs, construction materials, automobiles, electrical household appliances, kitchen utensils, gas and kerosene heaters, solar water heaters, liquefied natural gas tanks, swimming pools, railcars, electronics components
Welded stainless pipe and tube Pipe for chemical and foodstuff production and processing, boilers and heat exchangers, exhaust pipes
Ornamental and structural stainless pipe and tube Construction materials, furniture, indoor fixtures, automobiles, rolling stock
Coppersoftain(electrolytic copper-plated stainless sheet and strip) Roofing
Colorsoftain(prepainted stainless sheet)
Roofing
Alstar Stainless Roofing, exhaust pipes, mufflers
Toughten Z Roofing
W-Coat Kitchen utensils, Automobiles
Hot-and Cold-Rolled Ordinary SteelHot-rolled steel sheet and strip Automobiles, pipe, cylinders for liquefied petroleum gas plants, industrial machinery
Cold-rolled steel sheet and strip Automobiles, steel furniture, electrical household appliances, bicycles, office machines, semiconductor lead frames, shadow masks, electronics components
Special Steel and OthersHot-rolled steel sheet and strip Chains, cutlery, gears, bearings, high-tensile washers, automobile clutch plates, material for cold-rolled steel
Cold-rolled steel strip Washers, springs, seat belt buckles, chains, cutlery, automotive parts
Moonstar bainite strip Automotive parts, cutlery, precision machinery and tools
Continuousslab-casting line
Vacuum degassingvessel
Converter
Electric furnace
STAINLESS STEEL
Skinpass mill Continuouscoating line
Colorsoftain
Multi-functional PCM (Stainless Steel)
W-Coat
Hot-rolled stainless steel sheet and strip
Cold-rolled stainless steel sheet and strip
Electrolyticgalvanizing line
Coppersoftain
Alstar Stainless
ToughtenZ
Finishing millRoughing millHeatingfurnace
Hot-rolling mill
Kure Works
Continuous annealingand pickling line
Tandem Sendzimir mill
Cluster mill
Sendzimir mill
Continuous annealing and pickling line for cold-rolled steel
Bright annealing line
Pipe millStainless steel pipe
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Manufacturing Process
Manufacturing Process and Nisshin Steel’s Products
13 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 14
Blast furnace, freestanding type (inner volume, 2,650m3; hearth diameter, 11.2m)Blast furnace, freestanding type (inner volume, 2,080m3; hearth diameter, 9.3m)
90-ton top- and bottom-blown converter185-ton top- and bottom-blown converter
Continuous casting machine, vertical semiunderground typeContinuous casting machine, bending type
Slabbing mill
Tandem hot-rolling mill
Four-stand tandem cold-rolling millReversing Sendzimir mill
Continuous galvanizing and aluminizing lineContinuous galvanizing lineContinuous aluminizing lineContinuous electrolytic copper-plating lineContinuous electrolytic galvanizing lineContinuous coating line
Rolling on scale pickling and tandem cold-rolling mill line
Hot and cold continuous galvanizing line
Reversing cold-rolling millReversing Sendzimir millReversing cold-rolling mill
Continuous galvanizing lineContinuous coating line
Ultrathin-gauge mill
160-ton electric arc furnace 160-ton electric arc furnace80-ton top- and bottom-blown converter
Continuous casting machine, bending type
Reversing Sendzimir mill Tandem Sendzimir millUltrathin-gauge mill Three-stand tandem cold-rolling mill
Pipe-making machineAnnealing and pickling equipment
Iron making
Steelmaking
Continuous casting
Slabbing
Hot rolling
Cold rolling
Surface treatment
Pickling and cold rolling
Surface treatment
Cold rolling
Surface treatment
Cold rolling
Steelmaking
Continuous casting
Cold rolling
Stainless steel pipe making
1
1
21
11
1
1
11
211111
1
1
111
12
1
112
1
4111
141
2,080,000
1,632,000
1,820,000 2,381,000
480,000 1,992,000
3,816,000
3,954,000
1,209,000
249,000
597,600 183,000 164,400
42,600 222,000 135,600
1,080,000
480,000
157,000 227,000
85,900
274,800 170,400
1,380
546,000
530,000
363,600
65,000
Major Production Facilities Function Equipment Units
AnnualProductionCapacity
(Metric tons)
Built in 1951 in Kure City, Hiroshima Prefecture, the Kure Works serves as our melting center. In addition to large-scale production, the Kure Works efficiently handles the small-lot needs of diverse special orders. Facilities at the Kure Works include two freestanding blast furnaces for iron making, three top- and bottom-blown converters for steelmaking, vertical semiunderground and bending type continuous casting machines, and a tandem hot-rolling mill. Constant technological upgrading over the years has helped improve the stability and quality of our steel supplieses.
In 2008, the Sakai Works put its special steel production framework into effect upon the implementation of state-of-the-art reversing Sendzimir mill. The Sakai Works also operates world-class electrolytic galvanizing lines and an advanced continuous coating line.
The Plants behind Our Products : An Overview
Kure Works
In 1991, to maintain future competitiveness into the 21st century, we acquired 760,000 square meters of land in Saijyo City, Ehime Prefecture, to be used as the site of our new Toyo Works. Subsequently, in October 1999, operations were commenced on the world’s first pickling facilities equipped with preroll functions at the Toyo Works. Furthermore, operations were commenced on cold-rolling facilities that were directly linked to the rear face of the pickling facilities in April 2000, and in May a continuous galvanizing line was activated. Through the installation and activation of this series of cutting-edge facilities, the Toyo Works has become an integrated coated steel works, displaying industry-leading quality and productivity.
Toyo Works
Famous throughout the steel industry for its outstanding quality and efficiency, the Sakai Works, located in Sakai City, Osaka Prefecture, is Nisshin Steel’s main producer of cold-rolled and coated steel sheet. A high-precision six-high four-stand tandem cold-rolling mill and the No. 2 continuous pickling line were linked in 1989, while the wide array of the facilities’ coating equipment features a continuous galvanizing line, a continuous aluminizing line, and two newly developed continuous galvanizing and aluminizing lines.
Sakai Works
Established in 1954 in Osaka City, the Osaka Works’ highly advanced facilities feature a six-high reversing cold-rolling mill to make high-precision ultrathin
Osaka Works
The Ichikawa Works, established in 1963 in Ichikawa City, Chiba Prefecture, is Nisshin Steel’s manufacturing center in eastern Japan. Its facilities include a continuous galvanizing line and two continuous coating lines led by the unique No. 3 continuous coating line, which features an ultraclean coating room and computerized operations, as well as a stainless foil line.
Ichikawa Works
Amagasaki Works
Located in Shunan City, Yamaguchi Prefecture, facilities at the Shunan Works feature two electric arc furnaces, two top- and bottom-blown converters, a bending type continuous casting machine, four reversing Sendzimir mills, a tandem Sendzimir mill, an ultrathin-gauge mill and a three-stand tandem cold-rolling mill. The Shunan
Shunan Works
Kure Works
Sakai Works
Toyo Works
Osaka Works
Ichikawa Works
Shunan Works
Amagasaki Works
materials and state-of-the-art high-convection and tight-coil annealing furnaces. The Kanzaki Plant section of the Osaka Works specializes in small-lot manufacturing and has earned a reputation as the leader in cold-rolled special steel strip in terms of quality and production volume.
Located in Amagasaki City, Hyogo Prefecture, the Amagasaki Works, one of the world’s largest producers of stainless Located in Amagasaki City, Hyogo Prefecture, the Amagasaki Works, one of the world’s largest producers of stainless steel pipe, features an integrated production system. Under strict quality control, the Amagasaki Works fabricates stainless steel sheet shipped from the Shunan Works into pipe through its advanced facilities, which include 14
machines for pipe making, annealing, and grinding.
Works has earned a solid reputation as a world-class stainless steel making facility, providing high-performance products that meet the needs of today’s market. Completed in 1958 as Japan’s first cold-rolling stainless steel sheet mill, the Shunan Works is being upgraded for improved overall stainless steel production and special steel operations.
15 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 16
Nisshin Steel Shanghai Co., Ltd.Shanghai Maxdo Centre 3209-3210, 8 Xing Yi Road,
Hongqiao Development Zone, Shanghai, P.R.China (200336)
Telephone: (86) 21-5208-0736～7
Facsimile: (86) 21-5208-0639
Nisshin Steel Asia PTE.LTD.16 Raffles Quay #27-05/06, Hong Leong Bldg.,
Singapore 048581
Telephone: (65) 6221-1277～8
Facsimile: (65) 6224-2357
SUBSIDIARIES
Nisshin Steel USA, LLC1701 Golf Road, Continental Tower3, Suite1004,
Rolling Meadows, IL 60008 U.S.A.
Telephone: (1-847) 290-5100
Facsimile: (1-847) 290-0826
Nisshin Steel Shanghai, Co., Ltd. Guangzhou BranchRoom 1501, Office Tower, CITIC Plaza,
233 Tian He North Road, Guangzhou, P.R.China (510613)
Telephone: (86-20) 3877-1054
Facsimile: (86-20) 3877-1094
Bangkok Representative Office Unit 6, 35thFloor,
CRC Tower All Seasons Place,
87/2 Wireless Road, Phatumwan,
Bangkok 10330, Thailand
Telephone: (66) 2-654-0783
Facsimile: (66) 2-654-0981
OVERSEAS
Construction of and operational technology for a stainless steel cold-rolling facility (1970–1975)Construction of and operational technology for a steelmaking facility (1974–1982)Operational technology for a cold-rolling facility (1980–1983)Construction of and operational technology for a hot-rolling facility (1983–1988)Technical assistance for improving the quality of bright annealed stainless steel products (1993–1994)Technical assistance for the construction and operation of a bright annealing stainless steel line (1993–1995)
Construction of and operational technology for a stainless steel cold-rolling facility (1976–1980)
Construction and provision of operational technology for a continuous galvanizing facility, using the gas-wiping (YG) method (1982–1984)
Technical assistance for indoor piping systems (1982–1985)
Construction of and operational technology for a stainless steel bright annealing line (1984–1986)
Operational technology for a stainless steel cold-rolling facility (1987–1991)Consulting service during the construction of a hot-rolling facility (1991–1992)Consulting service for the test operation of a hot-rolling facility (1993–1996)
Operational technology for a stainless steel cold-rolling facility (1988–1991)
Technical advice and operating assistance to improve productivity and quality of cold-rolled products (1990–1992)
Technical assistance in the production of stainless steel pipe for automobile exhaust pipes (1992–1997)
Construction of and operational technology for a stainless steel hot-rolling facility through Thyssen Stahl AG (1992–1999)
Technical assistance for production of stainless steel (steelmaking, hot rolling, and cold rolling) (1995–2001)
Technical assistance for the construction and operation of the steelmaking facilities (2000–2003)
Technical assistance for production of stainless steel (cold rolling) (1997–2008)Techinical assistance for production of BA products (2001–present)
Technical assistance for production of stainless steel (2004–2005)
Technical assistance agreement for production of stainless steel tubing products (2004–present)
Technical assistance agreement (2007–2009)Technical assistance agreement for stainless steel tubes and pipes (2009–present)
ACERINOX, S.A.
OTELINOX, S.A.
Malaysia Galvanized Iron Works Sdn. Bhd.
Sammi Corporation
BNG STEEL COMPANY(Former Sammi Steel Co., Ltd.)
Taiyuan Iron and Steel Co., Ltd.
Pohang Iron & Steel Co., Ltd.
Wheeling-Pittsburgh Steel Corporation
Tubificio di Terni S.P.A.
Columbus Stainless (Pty)Ltd.
Yieh United Steel Corp.
North American Stainless Inc.
Ningbo Baoxin Stainless Steel Co., Ltd.
Jindal Stainless Limited
NISSHIN AUTOMOTIVE TUBING LLC
ANS STEEL TUBES LIMITED
Spain
Romania
Malaysia
Republic of Korea
Republic of Korea
People’s Republic of China
Republic of Korea
United States
Italy
Republic of South Africa
Taiwan
United States
People’s Republic of China
India
United States
India
December 1970
May 1974September 1980July 1983October 1993
December 1993
March 1976
April 1982
September 1982
July 1984
December 1986February 1991December 1993
October 1988
August 1990
May 1992
September 1992
May 1995
March 2000
July 1997March 2001
December 2003
August 2004
August 2007July 2009
Partner Country Contract Date Technical Assistance Details
Wheeling-Nisshin
Ningbo Baoxin Stainless Steel
Major Technical Assistance AchievementsOverseas Activities
Wheeling-Nisshin, Inc.In June 1984, Nisshin Steel formed a joint venture with Wheeling-Pittsburgh Steel Corporation for the manufacture of galvanized and aluminized steel in the United States. The first production line went on stream in 1988, and a second line subsequently became operational in 1993. The company currently produces and sells 50,000 short tons of steel a month, and output continues to increase. In March, 2008, Nisshin Steel acquired 100-percent ownership of W-N.
Nisshin Automotive Tubing LLC (NAT)Aiming to capitalize on the global strategies of auto makers by providing high-quality automotive products and services directly where they are needed, Nisshin Steel, together with two Japanese trading companies, has decided to establish a company that will manufacture and sell stainless steel automotive tubing in North America. The company is located in Versailles, Kentucky, in the United States, and started commercial business and production in July 2005.
1990s, the company has continued to improve and expand its operations in cooperation with Nisshin Steel. With a 15% stake in ACERINOX, Nisshin Steel is its principal shareholder.
United States
ACERINOX, S.A.Founded in 1970, ACERINOX is a joint venture between Nisshin Steel, Nissho Iwai Corporation, and certain Spanish companies. Benefiting from Nisshin Steel’s expertise, ACERINOX expanded its operations from simple cold rolling to become a world-class, integrated stainless steel manufacturer. Since the
Europe
Ningbo Baoxin Stainless Steel Co., Ltd.In August 1996, Nisshin Steel concluded a basic agreement with two Japanese and two Chinese partners to construct cold-rolling facilities for 80,000 tons of stainless steel in the city of Ningbo, near Shanghai. The facilities became operational in the beginning of 1999. The venture has increased its annual production capacity to 600,000 tons to better respond to ever-growing stainless steel demand in China.
Chang Fu Stainless Steel Center (Suzhou) Co., Ltd.Together with five Japanese and Chinese partners, Nisshin Steel established this center, which commenced operations in July 1997 and whose goal is to meet demand in the Shanghai area for stainless steel and high-technology steel.
Ri Hong Stainless (Shanghai) Co., Ltd.In June 2007, Nisshin Steel set up a stainless steel coil center in Shanghai with a view to better serving customers in the expanding Chinese market and to contributing to increased sales and stronger management bases of Ningbo Baoxin Stainless Steel Co., Ltd., its Chinese joint venture to cold roll stainless steel.
Asia
Tianjin Rihua Steel Products Co., Ltd.Nisshin Steel holds a 10% equity stake in this project, which commenced operations in January 1997. The aim of Tianjin Rihua Steel Products is to stimulate market growth for high-value-added steel products.
Bahru Stainless Sdn. Bhd.In March 2008, Nisshin Steel reached an agreement with Spanish enterprise Acerinox S.A. to establish a joint venture called Bahru Stainless Sdn. Bhd., for stainless stell cold-rolling business in Malaysia, a representative part of the ASEAN region that is expected to attain sustainable economic growth.The first phase of plant construction was completed in the autumn of 2011 and commercial production started in December of the year. The second phase of the project for expansion is proceeding to capture a future shift to higher-quality products in the market.
ANS STEEL TUBES LIMITEDIn August 2007, Nisshin Steel established a three-party joint to manufacture and supply steel tubes for the Indian automotive industry, in cooperation with Sumitomo Corporation and JBM Group, a leading auto component supplier of the country. The Company intends to utilize the venture to capture demand of the rapidly-growing Indian market.
ACERINOX
Offices
Subsidiaries and Affiliates
17 ̶ CORPORATE BROCHURE 2012 CORPORATE BROCHURE 2012 ̶ 18
There are 30 companies in the Nisshin Steel Group in Japan. The Group comprises a wide range of industries, such as cutting-edge manufacturing and processing companies that use Nisshin Steel products, companies that sell Nisshin Steel products, companies that process raw materials for Nisshin Steel’s use, and companies providing distribution and other services. However, Nisshin Steel’s core business of steel production will always be the nucleus of the Group. Nisshin Steel considers the expansion of product development and the broadening of downstream applications to be its two principal pillars of growth. Group synergy plays a crucial role in the enhancement of these two fields. For example, our sales and marketing departments, ever attuned to client needs, will call upon the processing technologies of all Group companies to develop new products in response to market requirements. In turn, Nisshin Steel will develop new materials based on the manufacturing needs of Group companies. From such cooperation, we nurture expansion in the scope of our industry. We expect market growth in a variety of fields for processed products. Nisshin Steel is paying special attention to the housing construction industry, as housing standardization and environmental preservation issues stimulate the switch from the use of wood to steel. Nisshin Steel and its Group companies are bringing together the resources and information necessary to take on market development in this area.
Bringing Together the Combined Strength of All the Companies in the Nisshin Steel Group for the Enhancement and Expansion of the Steel Business
Board of Directors and Corporate Auditors
Directors Hideo Suzuki Toshinori Miki *1
Umeo Irie *1
Yukio Nariyoshi *1
Kenji Minami Kazuhisa Obama Yoshikazu Tsuda Yukio Uchida *1 Representative Director
Auditors Takashi Sugiyama *2
Hiroaki Shinagawa Yukihiro Ito Yoichiro Yamakawa Makoto Haya *2 Standing Auditor
Chairman of the Board of Directors Hideo Suzuki
President and Chief Executive Officer Toshinori Miki
Vice-President and Executive Officers Umeo Irie Yukio Nariyoshi
Corporate Name Nisshin Steel Co., Ltd.
Registered Head Office Shin Kokusai Building, 4-1, Marunouchi 3-chome, Chiyoda-ku, Tokyo 100-8366, Japan Telephone: (81)-3 3216-5511 Facsimile: (81)-3 3214-1895
Home page Address www.nisshin-steel.co.jp
Year of Establishment 1928
Year of Incorporation 1959
Paid-in capital 79.9 billion yen (As of March 31, 2012)
Employees 3,643 (As of March 31, 2012)
Crude steel production 3.73 million tons ( year ended March 31, 2012)
(As of June 26, 2012)
Nisshin A&C Co., Ltd.
Nisshin Kokan Co., Ltd.
Nihon Pipe System Co., Ltd.
Tsukiboshi Art Co., Ltd.
Nikken Stainless Fitting Co., Ltd.
Mizukami Metal Industry Co., Ltd.
Sun Wave Corporation
Sanko Metal Industrial Co., Ltd.
Chugoku Kogyo Co., Ltd.
Molitec Steel Co., Ltd.
Hisaka Works, Ltd.
Nihon Teppan Co., Ltd.
Tsukiboshi Shoji Co., Ltd.
Canox Corporation
Osaka Stainless Center Co., Ltd.
Stainless One Corporation
Nitirin Metals Co.,Ltd.
Ishida Metal Co., Ltd.
MSS Stainless Steel Center Co., Ltd.
Iwata Koutetsu Co., Ltd.
Prosteel Co., Ltd.
Nisshin Sanso Co., Ltd.
Shunan Shigyo Co., Ltd.
Ube Nisshin Lime Co., Ltd.
Shunan Sanso Co., Ltd.
Tsukiboshi Logistics Co., Ltd.
Shinbishi Kaiun K.K.
Nisshin Koki Co., Ltd.
Shinwa Kigyo Co., Ltd.
NI Information System Co., Ltd.
Manufacture and sale of construction materials, light-gauge steel shapes, prepainted galvanized steel sheet and metal siding; processing and sale of steel sheet; cutting of strip
Manufacture, processing, and sale of steel pipe and tubes
Manufacture of stainless steel pipe and processed products
Manufacture, processing, and sale of Fine Color and other decorative stainless steel
Manufacture and sale of stainless steel pipe fittings
Manufacture and sale of construction materials and steel products
Manufacture and sale of kitchen sets and bathtubs and sanitary devices
Manufacture and sale of construction materials
Manufacture and sale of industrial machinery
Manufacture and sale of special steel products
Manufacture and sale of industrial machinery
Processing and sale of steel products and building materials
Processing and sale of steel products
Processing and sale of steel products
Shearing, slitting, processing, and sale of stainless steel sheet and strip
Processing and sale of steel products
Processing and sale of steel products
Processing and sale of stainless steel products
Processing and sale of stainless steel products
Processing and sale of steel products
Processing and sale of steel products
Production and sale of gasses, such as oxygen, nitrogen, and argon
Recycling and sale of kraft paper
Processing and sale of lime for steelmaking
Production and sale of gasses, such as oxygen, nitrogen, and argon
Sea and land transportation of iron and steel products
Sea transportation of coke
Installation, repair, and maintenance of facilities
Purchasing of certain materials, commissioned insurance operations, maintenance and management of company facilities, sale of bicycle parking lot systems, golf course management
System integration
Principal Business
Automotive steel tubingNisshin Kokan Co., Ltd.
Our high-quality steel tubing, which employs ordinary steel sheet and strip, special steel sheet and strip, and ZAM® and other colorful galvanized steel sheet and strip, has superior workability and is used in all kinds of fields, including automotive steel tubing. We have newly developed “new high-strength, high-precision steel tubing” and “amazing ZAM® steel tubing” for automobile parts having repaired inner-surface welds, and this tubing meets a wide variety of needs.
NAC WALL Kushibiki, high-design sidingNisshin A&C Co., Ltd.
Kushibiki is a siding material of upscale designs with galvalume steel sheet used as the substrate that offers superb corrosion resistance and a rich impression of plastered wall created with natural and warm kushibiki combing patterns. The product may be used with the patterns laid either horizontally or vertically. It may also be used for new and remodelled houses.
System kitchenSun Wave Corporation
As Japan’s leading manufacturer of household equipment, Nisshin Steel products enjoy a strong reputation for design and functionality. Our stainless steel is commonly used in kitchens, bathrooms and other parts of the home.
Recoiling lineNisshin Koki Co., Ltd.
Drawing on our experience and technology in maintenance of steel-making equipment built up over the years, we are able to design, produce and process all kinds of plant, machinery and equipment. Our products are highly appreciated by our customers. (The line in the photograph was made by Nisshin Koki.)
Bicycle parking lotsShinwa Kigyo Co., Ltd.
Our bicycle parking equipment, made with PAINTITE and ZAM®, is highly durable, has high accommodation efficiency in limited spaces, and is simple to operate; it is found nationwide at local government buildings, condominiums, company dormitories, and many other locations.
Corporate Data
Manufacturing Trading Processing Transportation Others
NeuesTsukiboshi Art Co., Ltd.
Tsukiboshi Art, the world’s first manufacturer to apply sputtering process to wide stainless steel coils, has succeeded in mass-producing Neues, a building material with upscale designs. The appeals of Neues include refined and crystal coloring and stable tonality. Neues produced through the combination of etching and various types of polishing to create upscale designs on stainless steel sheets is widely used for such applications as monuments, elevator doors and front sashes of buildings.