About Us

History

October, 2001 ITOCHU Corporation and Marubeni Corporation spin off and merge their respective steel divisions, launching Marubeni-Itochu Steel Inc. (MISI)
Marubeni-Itochu Techno Steel Inc. established
October, 2002 Marubeni-Itochu Techno Steel Inc. designated a primary trading company of Nippon Steel Corporation (now NIPPON STEEL & SUMITOMO METAL CORPORATION)
April, 2003 Executive officer system introduced
July, 2003 Audit Department established
January, 2004 Benichu Coil Center Inc. (now Benichu Coil Center Kansai Inc.) established through a merger between Shiga Coil Center Co., Ltd. and Toyo Tekko Co., Ltd.
April, 2004 General manager system for the Americas, ASEAN and Southwest Asia, and China introduced
May, 2005 Tokyo Head Office relocates from Otemachi to Nihonbashi
April, 2005 Benichu Automotive Steel Inc. established
November, 2005 Authorization obtained to establish a Shanghai subsidiary with Chinese domestic sales rights
December, 2005 Benichu Steel (Guangzhou) Ltd. established
April, 2006 Marubeni-Itochu Steel India Pvt. Ltd. and Taiwan Marubeni-Itochu Steel Enterprise Co., Ltd. established
January, 2007 Marubeni-Itochu Steel (Beijing) Co., Ltd. established
September, 2007 MISI's credit rating raised from “A-” to “A” by the Japan Credit Rating Agency, Ltd. (JCR)
April, 2009 Personnel system revised and group system introduced
May, 2009 New core system operation begins
June, 2009 Third medium-term management program formulated
April, 2010 Nippon Steel Electrical Steel Co., Ltd. (now Nippon Steel & Sumikin Electrical Steel Co., Ltd.) established through a merger between NITTETSU DENJI TECHNO CO.,LTD., KYUSHU ELECTRICAL STEEL SERVICES CO.,LTD, and HIROHATA DENJIKO CENTER CO.,LTD.
October, 2010 IFRS Project Department established
November, 2010 No. 3 plant completed at United Coil Center, Ltd.
January, 2011 MI-Bansei Stainless Steel Corporation established through a merger between MI Stainless Center Co., Ltd. and Banseikoki Co., Ltd.
March, 2011 ClarkDietrich Building Systems LLC established through the restructuring and consolidation of Marubeni-Itochu Steel America Inc. businesses
Equity investment completed in two Thailand companies—Thai Cold Rolled Steel Sheet Public Co., Ltd. (cold-rolled steel sheet production and sales) and Thai Coated Steel Sheet Co., Ltd. (electro-galvanized steel sheet production and sales)
May, 2011 MI Metal Processing Mexicana S.A. de C.V. (center producing coil for automotive use) established in Mexico’s Aguascalientes State
June, 2011 Marubeni-Itochu Steel Vietnam Co., Ltd. established
September, 2011 JSW MI Steel Service Center Private Limited established as a steel product processing company with JSW Steel Ltd. of India
October, 2011 MISI celebrates 10th anniversary of its founding
December, 2011 Three domestic Japanese coil centers unified as “Benichu Coil Center”
January, 2012 MI Auto Steel Limited Liability Company (automotive steel sheet sales) established in Moscow, Russia
March, 2012 Fujiton Color Coating Steel Joint Stock Corporation (color coated steel sheet production and sales) established in Vietnam
May, 2012 RSDC of Michigan, LLC (U.S.-based blanking processing business) made a wholly-owned subsidiary
June, 2012 Fourth medium-term management program formulated
July, 2012 MI BAO Metal Processing Zhengzhou Co., Ltd. (automotive steel processing center) jointly established with Baosteel Group Corporation in Henan Province, China
August, 2012 EURO-MISI Laminations (Shanghai) Co., Ltd. (stator and rotor laminations for electrical rotating machines sales) jointly established with Euro Group S.p.A. of Italy in Shanghai, China
November, 2012 Anshin Precision Industries Sdn. Bhd. (Malaysian metal press processor) made a wholly-owned subsidiary
January, 2013 Johannesburg Branch established
Yangon Office established
March, 2013 Marubeni-Itochu Steel Korea Ltd. established
April, 2013 IFRS introduced
MISA Creates MISA Metal Processing, Combining Three Subsidiaries
May, 2013 MI Steel Processing India Private Limited (automotive steel processing center) established in India
August, 2013 Equity investment in Italy’s largest auto parts manufacturer, Coils Lamiere Nastri S.p.A (C.L.N.)
September, 2013 Acquisition of US largest OCTG distributor, Sooner Inc.
MISI and JSW Steel to Expand Steel Processing Joint Venture into Western India
October, 2013 Benichu Steel Inc. established through a merger between Benichu Automotive Steel Inc. and Marubeni-Itochu Steel AP Corp.
April, 2014 Matsushima Tekko Co., Ltd. made a wholly-owned subsidiary; name changed to Benichu Coil Center Tohoku Inc.
June, 2014 MID Pakistan Coil Center (Private) Ltd. (steel processing center) established in Pakistan
May, 2015 Fifth medium-term management program formulated
January, 2016 Marubeni-Itochu Sumisho Techno Steel Inc. established through a merger between Marubeni-Itochu Techno Steel Inc. and Sumisho Tekko Hanbai Co., Ltd.