Nisshin Steel announced on 12th the firm will construct a factory for electrolytic copper plating steel sheet in China. Nisshin Steel establishes Nisshin Steel (Nantong) High-Tech Sheet Co., Ltd. with Shinsho Corporation. The joint firm manufactures and sells electrolytic copper plating steel sheet for automobile brake tube, and respond to needs from Japanese automobile component maker in China. The factory plans to start in the spring of 2014 at annual 12,000 tons capacity.
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)