Speciality steels joint venture

Special Metals Corporation and Daido Steel Co. Ltd. of Japan have renewed a series of agreements reflecting their participation in Daido Special Metals Ltd, a joint-venture marketing and sales organisation. Daido Special Metals Ltd markets an extensive range of superalloys and high-performance alloys produced by Special Metals and Daido Steel in Japan. Daido Special Metals Ltd will assume all distribution sales activity in the Pacific Rim from its service/distribution centre in Nagoya, Japan. Similarly, Special Metals Corporation will represent Daido Steel and Daido Special Metals Ltd throughout Europe and the Pacific.

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