Kobe Steel announced on 27th the firm completed to increase output capacity in manufacturing base of aluminum forging parts for automobile suspension in the United States, and started high-volume production with new equipments. Output capability in the US base increased by 50% to monthly 420000 suspensions from 280000. Kobe Steel developed monthly 1 million output system at total of Japan, the United States and China.
Japan Steel Scrap Composite Prices (Sangyo Press)07/06/2020
|22400YEN (-500)||24500YEN (-500)|
|206.17US$ (-4.81)||225.49US$ (-4.84)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)