Nippon Steel Corporation and Wuhan Iron and Steel (Group) Corporation have agreed to establish a joint venture named “WISCO-NIPPON STEEL Tinplate Co Ltd” in Wuhan City of Hubei Province in China for the manufacture and sale of tinplates.

Outline of the joint venture
Continuous annealing and processing line (400,000 tonnes per year)
Electrolytic tinning line (200,000 tonnes per year)
Products: Tinplates, tin mill black plate
Scheduled start of operation: Summer 2013
Total investment: CNY 1,850 million (JPY 24,000 million)
Equity ratios: NIPPON STEEL 50%, WISCO 50%