Sumitomo Metal Industries, Inc.

Masamitsu Matsumoto

Kiyoyuki Fukui

Tadashi Sakane

Tsutomu Yoshida

Kenji Ikishima

Toshiharu Oshiba

Yozo Hirose

A coating composition comprising 38%-66% of a binder resin (including a curing agent), 0.2%-6% of an organic lubricant, 20%-50% of an iron phosphide-based electrically conductive pigment, and 3%-25% of one or more other inorganic pigments including anticorrosive pigments (the total content of these pigments being between 31% and 56%), wherein the content of the binder resin (including a curing agent) (R) and that of the organic lubricant (W) satisfy the following inequality:

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Nishinomiya, Japan

Masamitsu Matsumoto