11
Nov
09:53
Kobe Steel to boost China CH wire capacity
Japan’s Kobe Steel has agreed to increase the capacity of Kobe Special Steel Wire Products (Pinghu) Co., one of its joint ventures in China. The automotive-focussed move comes hot on the heels of commissioning a similar expansion at the plant in the summer, Kallanish notes.
The plant will invest JPY 1.3 billion ($11 million) to add pickling equipment, taking annual capacity from around 42,000 tonnes/year to 58,800 t/y. The expansion is due to be commission…
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Anonymous
Very good overview of the weekly steel market.
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