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Procurement of Materials and Equipment

Introduction

Nippon Steel Corporation has always focused its management efforts on the goal of supplying good-quality steel and other products and services to customers on a stable and efficient basis. This has brought good results, enabling Nippon Steel to operate its business activity successfully. Nippon Steel intends to continue to conduct its business activity in a socially responsible manner. As for its purchasing activity, Nippon Steel has been conducting broad-scale purchasing from domestic and foreign sources, and is determined to be fair, based on the principle of an open-door policy for all vendors worldwide.

Basic Policy

This is a description of our basic policy for purchasing materials and equipment.

Standard Purchasing Procedures

This is a description of the standard flow of our purchasing procedures.

Purchasing Offices

We have available a list of steelworks that procure materials.