What is truly important to people?
How can people become happy?
We at Iwate Steel Corporation are constantly asking ourselves this question. The origins of our manufacturing began at the time of our founding with the desire to support the post-war reconstruction of Japan while also developing the local economy.
In 1949 (Showa 24), the Kamaishi Mine, which produced high-quality iron ore, was located in the coastal area of Iwate Prefecture, the number one producer of charcoal in Japan.
Steel is also known as the "rice of industry," and during wartime Japan boasted an annual production of 8 million tons. However, many steel mills were burned down during the war, and by 1950, shortly after the war, annual production had plummeted to 560,000 tons.
Iwate Steel was established to support Japan's post-war reconstruction by making effective use of local charcoal and iron ore to produce steel, known as the "rice of industry."
At its peak, the company produced and sold 80,000 tons per year of pig iron (iron extracted from iron ore) for casting in blast furnaces to the country's core industries.