Kobe Steel started production of high-tensile cold-rolled steel sheet for automobile in USA. PRO-TECH Coating, Kobe Steel and US Steel’s subsidiary in USA, introduces a continuous annealing line (CAL) with a capacity at 500,000 tonnes per year. The formal release about this regard will be announced within this month by both companies. The total investment is 30-40 billion yen. Kobe Steel aims to start operation of the new CAL in 2011. Kobe Steel cooperates with Voestalpine for the production in Europe. Kobe Steel becomes to supply high-tensile cold-rolled sheet from the plants in Japan, USA and Europe.Kobe Steel is developing high-tensile steel sheet and expanding the sales globally. The firm’s Kakogawa iron works has a hot-rolled steel plant with the world longest cooling bed, a CAL with high-edge water quench equipment and a continuous hot-dip galvanizing line with fastest cooling equipment in the world. The firm took hold manufacturing technique of high-tensile steel sheet with 1,470 MPa. The firm has advantage for high-tensile steel sheet at over 590 MPa, which has a more than 50% share of super high-tensile steel sheet for automobile sheet for 980 Mpa.Japanese automobile makers are increasing the sales of fuel-economy car in USA due to higher oil price. Kobe steel judged mainly Japanese automakers request high-tensile cold rolled steel sheet thanks to crash safety regulatory. Kobe Steel considers expanding the capacity of PRO-TECH to 1 million tonnes per year by the construction of no.2 CAL in the future.Kobe Steel took hold rolling form technology of super-high-tensile steel sheet until 1,470 MPa with Voestalpine. Moreover, Kobe Steel go over the enhancement of the capacity by introduction of CAL in Kakogawa iron works.
Japan Steel Scrap Composite Prices (Sangyo Press)
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