Japanese steelmaker
Nippon Steel & Sumitomo Metal Corporation (NSSMC) has announced that it is integrating its bar and
wire processing companies in
Thailand, namely, Steel Processing (
Thailand) Company Limited (SP) and
Nippon Steel Bar & CH
Wire (
Thailand) Company Limited (NBC Thai). The integration is scheduled to be completed in January 2013.
The integrated company will produce high-quality steel bar and
wire with an annual production capacity of 84,000 mt of steel
wire for cold heading and cold forging and 18,000 mt of cold finished steel bars.
The company to be named
Nippon Steel & Sumikin Steel Processing (
Thailand) Company Limited will be the largest Japanese affiliated bar and
wire processing company based in
Southeast Asia.