# Nippon Steel x Nakayama Steel Works: partnership

Canonical ID: `1fdad01e-8ff8-4df5-8e98-c0d20e89244e`

Nippon Steel and Nakayama Steel Works signed a joint venture agreement to construct a new electric arc furnace steel mill. Nakayama operates the mill with 51 percent stake while Nippon Steel holds 49 percent and purchases a portion of the steel products manufactured.

- **Type:** joint venture
- **Status:** announced
- **Verification posture:** verified

## Parties (2)

- Nakayama Steel Works Ltd _(off-registry)_ co developer
- [Nippon Steel Corporation](https://registry.deploy.report/companies/nippon-steel.md) investor partner

## Sources (1)

1. https://www.nipponsteel.com/en/newsroom/news/2025/__icsFiles/afieldfile/2025/11/26/20251126_150.pdf


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