History

History

Metal One’s businesses and roles
Plate, Construction & Tubular Products Business Division
Flat Products Business Division
Global Business Division
Global Marketing & Energy Project Business Division
Wire, Specialty & Stainless Steel Business Division
Digital transformation
Carbon neutrality
Business creation and innovation
Recruiting information
Terms of Use
Metal One was created in January 2003 through the merger of the steel products divisions of Mitsubishi Corporation
and Nissho Iwai Corporation (today’s Sojitz Corporation).
Utilizing the abundant information and capabilities of its two trading company shareholders,
Metal One has been honing its specialized expertise as an integrated steel trading company.
Additionally,
it collaborates with Group affiliates in Japan
and elsewhere to create new value as a leading company in steel distribution,
spreading its reach worldwide.
2003
January 2003
Metal One established
April 2003
Mid-term Consolidated Management Plan announced
Equity stake taken in the establishment of New Sanko Seisen Limited
Equity stake taken in the establishment of NC Network China Inc.
July 2003
MC Hanwa (Thailand) Co., Ltd. established in Thailand
MC Hanwa Malaysia Sdn. Bhd. established in Malaysia
September 2003
First environment-related volunteer activity carried out
Line pipe order for Sakhalin 2 natural gas development project received
2004
January 2004
Equity stake taken in the establishment of pail manufacturer Japan Pail Corporation
NIK Metal Corporation and NI Steel Products Co., Ltd. merge to establish Metal One Steel Products Corporation
February 2004
Equity stake taken in the establishment of automotive blanking operation Mizushima Metal Products Corporation
March 2004
ISO14001 environmental management system accreditation acquired
Watex Corporation established
April 2004
Galvart Japan Company Limited established
Nissho Iwai Structural Steel Co., Ltd. and MC Metaltech Corporation merge to form Metal One Structural Steel & Resource Corporation
May 2004
Metal One Hanwa (Hong Kong) Limited established in Hong Kong
June 2004
Equity participation taken in the establishment of hydraulic shovel cabin manufacturer PM Cabin Manufacturing Co., Ltd. in China
Nifast Hungary Kft. established to handle automotive fasteners in Hungary
July 2004
Equity stake taken in the establishment of Ring Techs Guangzhou Co., Ltd., a steel wheel venture in China
September 2004
Automotive steel service center Metal One Service Asia (Foshan, China) established
October 2004
Electrical equipment sector service center Hangzhou Metal One Precision Products Co., Ltd. established
November 2004
Equity stake taken in Kobe Wire Products (Foshan) Co., Ltd.
2005
January 2005
Stainless One Corporation established through mergers and restructuring of stainless steel operations
Qingdao Haili Metal One Steel Products Co., Ltd., a service center in China, starts operations
April 2005
MO Nishinihon Steel Center Co., Ltd. established
July 2005
Asahi Steel Co., Ltd., MC Metalworks Co., Ltd., and Ryoyo Steel Center Co., Ltd. merge to form Metal One Specialty Steel Corporation
Watex’s Hokkaido area operations spun off to form Watex Hokkaido Corporation
October 2005
Stake in Osaka Tamatsukuri Kogyo (today’s Tamatsukuri Corporation) increased
Steel distributor Minmetals Steel Wuhan Co., Ltd. formed in China through a joint venture
2006
January 2006
Metal One Stainless (Asia) Pte. Ltd. launched through a merger of three Singapore stainless steel subsidiaries
April 2006
Second mid-term management plan for FY2006-08 formulated
June 2006
Chinese stainless steel service center Metal One Precision (Suzhou) Co., Ltd. commences operations
July 2006
Ryowa Steel Corporation and Metal One’s Mizushima Office merge to form Metal One Ryowa Corporation
September 2006
Equity stake taken in the establishment of Nippon Steel Bar & CH Wire (Suzhou) Co., Ltd., manufacturer and retailer of steel wire for cold heading
Metal One (Guang Zhou) Commerce established
October 2006
Stainless steel service center established in Dongguan, China
November 2006
Additional shares acquired in Brazil’s Usinas Siderurgicas de Minas Gerais S.A. (Usiminas)
December 2006
Equity stake taken in the establishment of Nippon Steel Bar & CH Wire (Thailand) Co., Ltd., manufacturer and retailer of steel wire for cold heading
2007
January 2007
Corporate philosophy announced
Equity stake taken in the establishment of Neturen America Corporation, a manufacturer and retailer of induction heated, quenched, and tempered wire (ITW) for the automotive sector
Metal One Stainless (Thailand) Co., Ltd. established
Metal One Tinplate & Container Corporation formed through mergers and restructuring in the tinplate and container sector
Metal One (Beijing) Commerce Co., Ltd. established
March 2007
Hangzhou Metal One Steel Plates Processing Co., Ltd., a manufacturer that melt cuts and processes steel plate into parts for construction machinery, established
April 2007
Equity participation taken in AOI Co., Ltd.
Participation in the project to establish a Pakistani cold rolling mill joint venture Aisha Steel Mills Ltd.
June 2007
Metal One Stainless Raw Materials Corporation is formed through the merger of stainless steel scrap operations
Vietnamese sheet processing center Hanoi Metal One Steel Center Co., Ltd. starts up
July 2007
Equity participation taken in the establishment of Tata Metaliks Kubota Pipes Limited in India
October 2007
Nifast India Private Ltd. established to supply automotive fasteners in India
November 2007
Metal One Kokko Corporation established jointly with Kokko Sangyo Co., Ltd.
2008
January 2008
Suzufuji Steel Service Co., Ltd. and Asami Steel Corporation merged to establish Metal One Steel Service Corporation
ELG Nippon Stainless Resources Co., Ltd. formed
February 2008
Suzhou Metal One Steel Plates Processing Co., Ltd. established
April 2008
Major steel plate manufacturer Seikoh Co., Ltd. acquired
Metal One’s specialty steel division merges with Metal One Specialty Steel
Equity participation taken in the formation of steel frame fabricator Universal Steel Fabrication Vina-Japan Co., Ltd. in Vietnam
June 2008
Metal One Corporation India Pvt. Ltd. established
November 2008
Announcement of coordination among and mergers of east China region steel service centers
2009
April 2009
Plant tubular products supplier Almana Trading Metal One W.L.L. established in Qatar
Stainless One and MC Musashi Co., Ltd. merge their operations
May 2009
Steel plate and shape surface treatment company Hakodate Steel Center Corporation established
July 2009
Mutual equity swap executed between Shanghai Jiari Precise Steel Sheet Products Co., Ltd. and Suzhou Nippon Steel Service Center Co., Ltd.
October 2009
Metal One Tinplate & Container and Tsukuba Tinplate Coil Center Corporation merge, become MOBY Corporation
Management Policy 2011 announced
November 2009
Equity stake taken in PT Latinusa Tbk, an Indonesian tinplate manufacturer and retailer
December 2009
Equity participation taken in the formation of Soluções em Aço Usiminas S.A. (Solutions Usiminas) in Brazil
2010
April 2010
Secondary wire product manufacturer Matsubishi Metal Industry Co., Ltd. takes over New Sanko Seisen Limited
June 2010
Third mid-term management plan for FY2009-11 announced
Equity stake taken in Nippon Steel Pipe Vietnam Co., Ltd., a new steel pipe pile and sheet pile manufacturer in Vietnam
September 2010
Sheet processing center Manesar Steel Processing (India) Private Ltd. established
October 2010
Equity stake taken in the establishment of U.S. plate processing center Tubular Structures International, LLC
November 2010
Metal One Service Center Holdings Corporation established
December 2010
Komatsugawa Kohki K.K.’s trade rights on light-gauge shape transferred to Nippon Steel & Sumikin Metal Products Co., Ltd.
2011
April 2011
Metal One Pipe & Tubular Products launched through the integration of Metal One’s pipe operations with Otofuji Corporation
India Metal One Steel Plate Processing Private Ltd. established to handle plate processing for India’s construction machinery sector
May 2011
Metal One (Vietnam) Co., Ltd., Metal One’s Vietnamese subsidiary, established
June 2011
Coilplus Mexicana, S.A. de C.V. begins operations in Mexico
September 2011
Metal One Service Asia (Guangzhou, China) Co., Ltd. begins operations in China
December 2011
Mitsubishi Corporation Unimetals Ltd. transfers its specialty steel business to Metal One Specialty Steel and its stainless steel business to Metal One
2012
March 2012
MODEX Corporation, state-of-the-art warehousing operation, established in South Korea
Limited Liability Company Metal One Russia established
April 2012
Steel service center Nicometal Hidalgo, S.A. de C.V. established in Mexico
May 2012
Fourth mid-term management plan for FY2012-14 announced
August 2012
Equity stake taken in automotive pipe operation joint venture in Mexico
September 2012
Metal One Stainless (Thailand) and Pacific Sheet and Coil (Thailand) Co., Ltd. merge their operations
October 2012
Metal One Structural Steel & Resource expands nationwide through restructuring of domestic structural and ferrous raw materials operations
November 2012
Metal One Steel Service and MO Nishinihon Steel Center merge
Equity stake taken in Kyoei Steel Ltd.’s steel venture in northern Vietnam
2013
February 2013
M.O. Tec Corporation becomes Metal One subsidiary through tender offer
September 2013
Plate melt-cutting company Metal One Shibaura Brasil Ltda. established in Brazil
2014
February 2014
Fastener warehousing and sales company Nifast do Brasil Distribuição Comércio e Importação Ltda. established in Brazil
July 2014
Canadian energy tubular wholesaler Cantak Corporation acquired
November 2014
All Metal One Structural Steel & Resource Corporation’s businesses and Mitsui & Co. Steel Ltd.’s structural steel and metal scrap business merged (now MM&KENZAI Corporation)
2015
April 2015
Tokyo headquarters relocated to JP Tower
May 2015
New mid-term management plan—Management Plan 2016—announced
2016
April 2016
Metal One Service Asia (Wuhan, China) Co., Ltd., China’s first inland automotive steel service center, established
June 2016
Metal One Group company offices consolidated in Osaka, Hiroshima and Fukuoka
2017
January 2017
Metal One (China) Corporation authorized as management company (regional headquarters) in China
June 2017
Akasaka Office opened
Growth Strategy 2018—our mid-term management plan—is announced
2018
January 2018
Cargill’s hot sheet rolling processing business acquired
March 2018
Metal One subsidiaries in western Japan merged
2019
April 2019
Sumitomo and Metal One corporate groups merge their domestic pipe businesses to form Metal One Sumisho Tubular Products Co., Ltd.
October 2019
Nicometal Group restructured and given new company name
November 2019
Joint stake taken in India’s Bigmint Technologies Private Limited
2020
January 2020
Metal One Steel Service de México, S.A. de C.V. (MOSMEX) established
April 2020
Management Strategy 2021 formulated
October 2020
Management Declaration on Health and Productivity formulated
2021
March 2021
Nejilaw Inc. and Metal One invest jointly to launch NejiLaw MO IP Innovation
April 2021
Sus-Tech Corporation and Stainless One operations integrated
September 2021
Metal One acquires stake in Kyowa Co., Ltd.
2022
June 2022
Akasaka Office consolidated into JP Tower
July 2022
Midterm Plan 2024 announced
2023
January 2023
Business partnership formed with Clean Energy Systems, Inc. of the U.S.
April 2023
Metal X® digital automotive steel distribution platform services launched
Recommendations of the Task Force on Climate-Related Financial Disclosures accepted
July 2023
Service center to process steel sheet established in Vietnam
2024
February 2024
Agreement regarding “Corporate Forest” concluded with Tokyo Development Foundation for Agriculture, Forestry, and Fisheries
April 2024
Ministry of Economy, Trade, and Industry certified Metal One as digital transformation certified company
Metal X UP announced as way to achieve streamlined, sophisticated overall steel distribution
July 2024
Italy’s Lagor S.r.l. made a subsidiary
August 2024
New Metal X® daily order and delivery management service introduced
September 2024
Investment in Global Energy Harvest Company
November 2024
Corporate purpose statement released