- Business
- Osaka Steel Co., Ltd. manufactures and sells a broad range of steel products, including equal angles, unequal angles, channels, I-beams, round bars, deformed bars, mechanical joints for reinforcing bars, rails, elevator guide rails, flat bars, square bars and special shaped bars, colored angles, colored channels, billets and other semi-finished steel products; the company also engages in steel recycling, processed steel products, transportation and delivery services, and premises operation business. Founded on May 15, 1978 and headquartered in Osaka, Japan, Osaka Steel operates primarily in Japan with international presence through its majority-owned joint venture PT. Krakatau Osaka Steel in Indonesia, which produces and markets long steel products such as reinforced bars, equal angles, U-channels and flat bars for construction markets. In recent developments, the company completed a tender offer for its own shares in March 2025, acquiring 9 million shares from parent Nippon Steel Corporation to enhance capital efficiency and maintain its listing on the Tokyo Stock Exchange Standard Market; this followed resolutions adopted in January 2025 amid discussions on shareholder value and business optimization.