# Nippon Steel to raise stake in Nippon EGalv Steel to 50.1%

Nippon Steel Corp plans to increase its stake in Nippon EGalv Steel Sdn Bhd from 10% to 50.1% for US$6.5 million by end-June, making it a subsidiary to boost supply of electro-galvanised steel sheet to Japanese electronics makers in Malaysia.

- Type: Acquisition
- Announced: 2026-11-09
- Where: Malaysia, Malaysia
- Value: $6.50M
- Status: announced
- Capacity: 100,000 tonnes of fingerprint-free electro-galvanised steel sheet annually
- Products: electro-galvanised steel sheet, fingerprint-free electro-galvanised steel sheet
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nippon Steel](https://endata.com/companies/7455.md) (acquirer)
- [Nippon EGalv Steel Sdn Bhd](https://endata.com/companies/95377.md) (target)
- [Tatt Giap Group Bhd](https://endata.com/companies/95378.md) (target)

## Sources

- [theedgemalaysia.com](https://theedgemalaysia.com/article/nippon-steel-may-raise-stake-tatt-giap-unit), 2026-11-09: "We’ll better compete with rivals by making the Malaysian steelmaker our group company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.