Daido Steel Co., Ltd. engages in the manufacture and sale of specialty steel. It operates through the following segments: Specialty Steel, High Performance Materials and Magnetic Materials, Parts for Automobile and Industrial Equipment, Engineering, and Trading and Service. The Specialty Steel segment deals with the manufacture of specialty steel for automotive and industrial machinery parts. The High Performance Materials and Magnetic Materials segment offers stainless steel, high alloy, magnet materials, titanium products, and powder metals. The Parts for Automobile and 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 related equipment. The Trading and 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.