Hitachi Metals Tool Increases Sales of Tool Steels for Overseas Market

Hitachi Metals Tool Steel eyes overseas demand for tool steels mainly in China and Southeast Asia in cooperation with Hitachi Metals, the parent company. The company appeals its bargaining power for small-lot sales as well as the high technologies for heat treatment and custom plate production. The firm aims effective inventory balance of tool steels for domestic and overseas markets.

Hitachi Metals plans to accelerate its overseas market strategy by utilization of Hitachi Metals Tool Steel’s logistics and inventory functions. Both companies try to increase the sales of steel products for hot mold, DAC-MAGIC, steel products for cold mold, SLD-MAGIC and steel products for plastic mold, HPM-MAGIC. Hitachi Metals integrates inventory of small size products of the group companies and exports the products when domestic market is unexpected to grow up in the future.

Hitachi Metals Tool Steel plans to device computer system with Hitachi Metals in order to handle shipping proceeding to overseas and improve inventory turnover.