Daido Steel engages in the manufacture and sale of steel products. It operates through the following segments: Specialty Steel, High Performance Materials & Magnetic Materials, Parts for Automobile & Industrial Equipment, Engineering, and Trading & Service. The Specialty Steel segment deals with the manufacture of specialty steel for automotive and industrial machinery parts. The High Performance Materials & Magnetic Materials segment offers stainless steel, high alloy, magnet materials, titanium products, and powder metals. The Parts for Automobile & Industrial Equipment segment provides die-forged parts, forging products, and engine valves. The Engineering segment covers the manufacturing and maintenance of steelmaking and environmental equipment, industrial furnaces, and its related equipment. The Trading & Service segment includes real estate-related services and welfare programs. The company was founded by Momosuke Fukuzawa on August 19, 1916 and is headquartered in Nagoya, Japan.
