Nippon Steel & Sumikin Precision Forge announced on 5th to establish a joint company to machine cold forgings for automobile parts, “Thailand Precision Products (TPP)”, in Thailand, and start operating on mass-production system from September 2013. TPP manufactures and sells automobile component including steering parts and harness parts, and responds to expanding automobile related demand in ASEAN including Thailand.
Japan Steel Scrap Composite Prices (Sangyo Press)01/27/2021
|38400YEN (-1000)||40200YEN (-1000)|
|366.83US$ (-9.23)||384.03US$ (-9.21)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)