Daido Steel

Japan STEEL AND METAL PRODUCTS

Activity by year

2017201820192020202120222023202420252026

PartnershipAcquisition

Announcements · 3

Mar 8, 2023ACQUISITIONUnited States$3.90M
Daido Steel to acquire hot forging die plant facilities from Elizabeth Carbide Die for $3.9M
Daido Steel will acquire plant facilities for hot forging die manufacturing business in the US from Elizabeth Carbide Die Co for about $3.9 million.
Daido Steel acquirer Elizabeth Carbide Die target #Steel and Metal Products tradingview.com
Apr 26, 2021ACQUISITIONShanghai, China$7.00M
Daido Steel to acquire TimkenSteel's Chinese sales entity
Daido Steel Co., Ltd. and its subsidiary Daido Steel (Shanghai) Co., Ltd. have signed an agreement to purchase the registered capital of TimkenSteel (Shanghai) Corporation Ltd., a sales entity with technical support functions in China, from TimkenSteel Corporation. The acquisition aims to strengthen Daido Steel's supply chain and customer support for SBQ products in China.
TimkenSteel TimkenSteel target Daido Steel acquirer Daido Steel (Shanghai) Co., Ltd. acquirer TimkenSteel (Shanghai) Corporation Ltd. target #Steel and Metal Products daido.co.jp investors.metallus.com daidodmsv.com
Oct 31, 2017PARTNERSHIPWuxi, Jiangsu Province, China
Sumitomo and Daido Steel form joint venture for tool steel in Wuxi, China
Sumitomo Corporation and Daido Steel have agreed to establish a joint venture, Wuxi Summit Nikka Metal Products Co., Ltd., in Wuxi, Jiangsu Province, to expand high-grade tool steel distribution and processing in China. Commercial production is scheduled for mid-2018.
Sumitomo Corporation Daido Steel partner #Steel and Metal Products sumitomocorp.com

Dealingsⓘ

Acquired

Elizabeth Carbide Die2023
TimkenSteel2021
TimkenSteel (Shanghai) Corporation Ltd.2021

Partners

Sumitomo Corporation2017

Home market · Japanⓘ

Steel and Metal Productsimports

$34.8B-0.0%/yr

2024

Steel and Metal Productsexports

$65.9B+1.4%/yr

2024

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