Annual Report 2002 [PDF/1.6MB]

Overseas Steel BusinessAn Expanding Steel Business From Asia To WorldwideParticipating In A Range Of ProjectsKawasho's overseas steel business interests arechiefly in importing raw materials for steel production,exporting steel and processed steel products andparticipating in overseas business projects.We import iron ore, coal and other raw materials forsteel making and export Kawasaki SteelCorporation's products: these include flat rolledsteel sheet (hot-rolled steel sheet, cold-rolled steelsheet and galvanized steel sheet ), electrical steelsheet, tin mill products for cans, steel plate forshipbuilding, stainless steel sheet, steel pipes, semifinishedproducts, as well as materials forconstruction and civil engineering. In addition, weare actively involved in various projects in Asiancountries, and entering into alliances with local firmsto aggressively improve local economic conditionsand future prospects.[ Korea ]In 1999, as part of its overseas strategy, KawasakiSteel Corporation invested in Dongkok Steel MillCo., Ltd., of Korea, and then in 2001 invested inHyundai HYSCO, which is part of the Hyundai MotorCompany Group. In line with these efforts, byoffering cooperation in areas such as distribution,Kawasho has strengthened its relationship with bothcompanies while at the same time contributing totheir sales.BangkokKuala LumpurSingaporeJakartangdaoKaohsiungManilaSOUTHEAST ASIAKawasho's overseas steelprocessing centersNORTHAMERICATijuanaMexico[ Malaysia ]In Malaysia we invested in Perusahaan Sadur TimahMalaysia (Perstima) Bhd., the country's only tin platemanufacturer, which we provide with a stable supplyof raw materials for manufacturing tin plate used forfood cans. We joined forces with Kuroda PrecisionIndustries Ltd., to establish Kuroda PrecisionIndustries (M) Sdn. Bhd., a company thatmanufactures high-precision metal dies used forcompact motors in VCRs, air conditioners and otherequipment.Tubarao steel works (CST)[ Thailand ]Together with Kawasaki Steel Corporation and others,we jointly invested in Thai Tin Plate ManufacturingCo., Ltd., promoting favorable relations in thatcountry through the manufacture and sale of tin plate.[ Philippines ]In August 2000, we established Kawasho TubePhilippines, Inc., a steel tube manufacturing andsales company. The company is concentrating itsefforts on the sale of steel furniture and smalldiametertubes for bicycles.Heat exchanger pipes exported by K & I Tubular CorporationKuala Lumpur City Center, Malaysia12