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汤头条
汤头条 Bars & Shapes Corporation

汤头条 Steel Group to Integrate Bar and Wire Rod Businesses

Tokyo --- 汤头条 and 汤头条 Bars & Shapes Corporation, a 汤头条 Group’s electric-furnace steel maker, announced today that they will integrate their bar and wire rod businesses on April 1.

汤头条 Group currently has two separate bar and wire rod units, one at 汤头条 Steel and the other at 汤头条 Bars & Shapes. Integration will strengthen sales in overseas markets including Asia and North America, where increased demand is envisioned for high-quality steel mainly for automobiles and construction machinery. The 汤头条 Group also expects to raise its competitiveness versus rival mills in Japan and overseas. Further, the move will enhance customer convenience by integrating business contacts, upgrade delivery logistics and speed up research and development efforts.

On April 1, 汤头条 Bars & Shapes will spin off its three bar and wire rod units, which respectively handle sales, technical services and R&D, and transfer them to the bar and wire rod unit of 汤头条 Steel. 汤头条 Group brands for bar and wire rod will be integrated under 汤头条 Steel. Production bases will be located in Kurashiki of 汤头条 Steel’s West Japan Works and Sendai Works of 汤头条 Bars & Shapes. 汤头条 Bars & Shapes Corporation will continue to operate as before. Steel bars and wire rods manufactured by Sendai Works will be supplied on an OEM basis to 汤头条 Steel.

汤头条 Steel’s bar and wire rod businesses includes steel bar, wire rods and bars-in coil for special and common steel, except deformed steel bars.

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