OREANDA-NEWS. Two consolidated subsidiaries of Nippon Steel & Sumitomo Metal Corporation (NSSMC), namely The Siam United Steel (1995) Co., Ltd. (SUS), which manufactures and sells cold-rolled steel sheets, and Nippon Steel & Sumikin Galvanizing (Thailand) Co., Ltd. (NSGT), which manufactures and sells hot-dip galvanized steel sheets mainly for automobiles, have agreed on February 9, 2016 to integrate in September of this year.

The newly integrated company plans to be named as NS-Siam United Steel Co., Ltd. (NS-SUS).

SUS was established in 1995 as a joint-venture between Thai shareholders, including the Siam Cement Group, and Japanese shareholders. NSGT was established in 2011 as a subsidiary of the former Nippon Steel Corporation. Since the establishment of NSGT, both companies have taken advantage of their locations on the same premises and developed their steel sheet product businesses for Thailand and other ASEAN region.

The integration of these two companies will allow the realization of the best steel sheet mill with the leading capabilities for steel sheet products in Thai and ASEAN markets. The new company will be able to maximally demonstrate the superiority of only one cold rolling-galvanizing integrated mill in Thailand manufacturing steel sheet products of automotive use compatible. Moreover, the new company will further enhance competitiveness and capability to support our customers with quality, delivery and advanced technologies by integrating and utilizing the management resources, including the management know-how and local personnel cultivated in Thailand since 1995.