21
Nov
07:47
Nippon Steel to revamp wheel plant
Japan’s Nippon Steel and Sumitomo Metal Corporation (Nippon Steel) plans to invest JPY 2.4 billion ($21 million) in revamping its steel wheel manufacturing plant. The investment is part of its 2020 Mid-Term Management Plan, Kallanish notes.
The plant at Nippon Steel’s Osaka Steel Works will boost rolling precision and quality and combine this with the steelmaker’s own rotary forging technology. The upgraded plant is due to begin operation by th…
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