# Daido Steel to invest ¥3.6B in high-alloy production expansion in Nagoya area

Daido Steel announced a ¥3.6 billion investment to upgrade the bar rolling line at its Hoshizaki plant and install a new inspection line at its Chita No. 2 plant to expand high-alloy steel production. Operations are targeted to start by March 2027.

- Type: Expansion
- Announced: 2025-06-30
- Where: Nagoya area (Hoshizaki plant in Minami-ku, Nagoya; Chita No. 2 plant in Chita, Aichi), Japan
- Value: $24.0M (3.60B JPY)
- Starts operating: Mar 2027
- Status: announced
- Products: high-alloy steel bars
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Daido Steel](https://endata.com/companies/27636.md)

## Sources

- [japanmetal.com](https://www.japanmetal.com/news-t20250630144553.html), 2025-06-30: "大同特殊鋼は30日、高合金の拡販に向け名古屋地区の設備体制を増強すると発表した。"

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