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Strategy

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In Europe, Nippon Steel will position Nippon Steel Slovakia as a core operating hub. Together with Nippon Steel, NSSK will contribute to the region’s development over the long term by providing high-quality products and services to customers.

Be the Best Steelmaker

We aim to develop our European business through the formulation and execution of a growth strategy from a long-term perspective, including maximizing synergies with Nippon Steel, upgrading product mix, and strengthening products and distribution channels

Overseas business strategy

We are building the long-term future of steelmaking in Košice, Slovakia. As part of Nippon Steel, we combine our manufacturing experience with the Group’s technological capabilities to serve our customers, strengthen our competitiveness and advance decarbonization.

Four markets. One ambition: to be the best steelmaker.

Mature high-grade steel market

Europe

Direct ownership of integrated ironmaking operation, including flat and long products

Growing high-grade steel market

United States

Execute strategic capital investments to drive U. S. Steel profit growth Sophistication of Product Types and Cost Competitiveness

High-growth market

India

Capacity expansion in Hazira Construction of new integrated steel mill in southern India

Home Market

Thailand

Market share expansion in Thai steel sheet market

Europe as a key region

A stronger European presence

Europe is a mature market for high-grade steel and a key region in Nippon Steel’s overseas strategy. The Group plans to bring its integrated European steelmaking businesses under a more direct ownership structure and strengthen how they work together.

Consolidated management, faster decisions and greater use of the Group’s expertise will support a long-term European growth strategy. The focus is on better products and distribution, higher productivity and progress on decarbonization.

Structure
Direct ownership
Košice became NIPPON STEEL SLOVAKIA on 1 October 2026. Ovako’s transition is planned for 1 April 2027.

Synergies
Shared expertise
Coordinate European operations and deploy the Group’s management and technical resources more effectively.

Growth
Long-term development
Upgrade the product mix, improve yield and quality, strengthen distribution and advance investment projects.

Our European production bases

Different Strengths, Shared Direction

Slovakia | Core operating hub

Nippon Steel Slovakia

The Košice steelworks is an integrated, blast furnace-based production site with a diverse portfolio of steel sheet products for European customers.

4.5 million
tonnes of annual crude steel capacity

Blast furnace*
integrated production route

* Soon implementation of EAF

Sweden, Finland

OVAKO

Ovako uses electric arc furnace-based production to make specialty steel bars and wire rod, including bearing steel.

1.0 million
tonnes of annual crude steel capacity

Electric arc furnace
specialty steel production route

The Group’s European network also includes Suzuki Garphyttan.

Investment for the future

A new electric arc furnace and air separation unit are central to the long-term development of the Košice steelworks, supporting competitiveness and progress in decarbonization.

€900 million
planned investment in EAF and ASU

Up to €350 million
grant support from the EU Modernization Fund

Electric arc furnace

Approximately 1.6 million tonnes of annual capacity. Expected to begin production in 2030 alongside existing blast furnace facilities.

EAF planned for 2030

Air separation unit

An enabling investment for stable operations, improved energy efficiency and lower CO₂ emissions.
 

ASU planned for 2029

The investment and project dates are based on the client’s September 2026 announcement.

SUSTAINABILITY GOALS

Our business is in line with the global sustainable development goals (Sustainable Development Goals - SDG), which were adopted by the UN member states in 2015 as part of the 2030 Agenda, and to which the Slovak Republic also subscribes. As the world tries to unite around these goals, the SDGs have gained considerable interest and support from business entities around the world. We are aware of their importance and support the goals of sustainable development through our corporate mission and contribute to their achievement with our wide-ranging activities.

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ESG AS A PATH TO SUSTAINABILITY

 

At the end of 2021, we started systematically working on the development of our company's sustainability strategy. We created an ESG / Sustainability team that covers the agenda across the entire scope of the company.

Our Company has committed to supporting the achievement of the Responsible Steel Vision and Mission . We consistently strive to increase our energy efficiency, reduce emissions, and conserve energy and other resources, while prioritizing the reuse and recycling of materials into our products to minimize our environmental footprint and be more sustainable.

Environmental -  Social  -  Governance

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environment

Environmental protection is one of the main strategic goals of Nippon Steel Slovakia, and the basic intentions in this area are enshrined in the Quality, Environmental and Energy Policy. 

More than
714 mil. USD
invested in ecological
projects since 2000.

Social responsibility

Nippon Steel Slovakia has been interested in the needs of the region for a long time and is involved in solving them in accordance with its core values and business principles, either directly or through its Nippon Steel Slovakia Foundation.

Almost
1.601 mil. EUR
in the form of assistance from NSSK and the Nippon Steel Slovakia Foundation in 2025.

COMPANY MANAGEMENT

Moral integrity and ethical behavior underpin our core values and are also vital to our continued success as we continually focus our attention on the core areas of our business that make us a better, more competitive company.

30 %
The share of women among the company's statutory representatives

QUALITY AS A STRATEGIC APPROACH

We have highly qualified and professionally competent employees. Investments in the development of human resources are one of the top management's priority areas of interest. Thanks to our professional staff, we are able to meet the high quality demands of our customers as well as our internal quality.

International certificates
EN ISO 9001 | IATF 16949 | EN ISO 14001 | EN ISO 50001:2018 | ISO 45001:2018

Product certificates for
MATERIAL FOR THE CONSTRUCTION INDUSTRY
 

Product certificates for
THE PRODUCTION OF SPIRAL WELDED PIPES

Product certificates for
THE PRODUCTION OF BOILERS AND PRESSURE VESSELS

Product certificates for
SHIPBUILDING MATERIAL

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