NIPPON STEEL & SUMIKIN ENGINEERING CO., LTD Plans to further its Foot-Prints in India

NEW DELHI April 3, 2013: NIPPON STEEL & SUMIKIN ENGINEERING CO., LTD (NSENGI), a subsidiary of NIPPON STEEL & SUMITOMO METAL CORPORATION (NSSMC) a global leader and major Steel Producer of Japan with an annual sales turnover of USD 29.28billion, today announced its plans to enhance its footprint in India and bringing about revolutionary changes in the Indian Steel Industry with their knowledge base in Energy Saving & Environment Technology.

The Company has a long and rich experience and is targeting a full-fledged entry into the Indian market by bringing out its proven technology with a competitive edge, equipments and a lot of value addition services. To name a few, NSENGI will introduce to the Indian market the following:

・ Big size furnaces that save space but can do high volumes of production

・ Coke Dry Quenching (CDQ) technology that enjoy the benefit of better power generation and are environment friendly

・ Rotary Hearth Furnaces (RHFs) that contribute in Zero emission in the steel manufacturing dust and various steel processing lines in which the knowledge of NIPPON STEEL & SUMIKIN ENGINEERING GROUP has been acknowledged as the best, globally

・ In addition to the above-mentioned differentiating technology, NSENGI will continue to build trust from customers by demonstrating various project management techniques and know-how accumulated over the years.

In India’s current scenario of economic development and urban development, a lot of investment is being planned in the steel manufacturing related equipments, like expansion of already existing plants and in the new integrated steelworks in order to meet with the increasing demands of steel. The standardization and use of CDQ equipment in Cokes furnace is increasing rapidly in countries like Japan and China so that the environment regulations and self supporting power needs can be met.

NSENGI is keen to contribute to India’s development in a big way by providing the high technology equipments that meet the environment standards of Japanese Steel Manufacturing industry. These equipments result in the protection of environment , reduction of CO2 emission, energy conservation, high production efficiency leading to profitability and in the development of steel manufacturing industry of India. NSENGI have so far been able to establish a pioneering position in India in the field of CDQ as the Company has received very encouraging response from Indian manufacturers like Tata, JSW and two continuous orders from Bhushan Steel.