OREANDA-NEWS. Nippon Steel & Sumitomo Metal Corporation (hereinafter "NSSMC") has decided to establish a new company called, "NIPPON STEEL & SUMIKIN COLD HEADING WIRE INDIANA INC. (hereinafter "NSCI"), manufacturing and selling steel wires for cold heading and forging for automobiles in Indiana, USA. NSCI will be established through joint investment from Matsubishi Metal Industry Co., Ltd., Nippon Steel & Sumikin Steel Processing Co., Ltd., Miyazaki Seiko Co., Ltd., Sanyu Co., Ltd., Toyota Tsusho Corporation, Nippon Steel & Sumikin Bussan Corporation, Metal One Corporation, and Sumitomo Corporation.

Steel wires for cold heading and forging are mainly used for automobile fasteners and other kind of parts, and they are produced by adding secondary process (pickling, coating, wire drawing, heat treatment, and so on) to steel wires. Most uses are for important safety related parts and therefore the quality requirements, such as materials and dimension accuracy, are extremely high. In order to satisfy these requirements, strict quality management is necessary for wire rods and secondary process. As NSSMC foresees continuous and stable growth of the automobile market in North America, in addition to our plants in Thailand and China we have decided to establish this third plant in the USA to meet the demand for Japanese automobile and parts manufacturers.

Furthermore, NSCI will be the 12th member company of NSSMC's bar and wire rods business brand SteeLinC(r).