Nippon Steel & Sumitomo Metal (NSSMC) will double exports of forged wheel for railroad. Though NSSMC is producing 100,000 forged wheels per year for domestic and 70,000 for abroad in the steel works in Konohana-ku Osaka, the firm plans to add 70,000 forged wheel to the area including Europe and India that railway demand is expanding, and aims annual 240,000 production capacity.
Japan Steel Scrap Composite Prices (Sangyo Press)05/29/2020
|20400YEN (200)||22800YEN (300)|
|187.97US$ (2.51)||210.08US$ (3.51)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)