Kobe Steel Establishes Overseas Steel and Resource Planning Department

Kobe Steel announced on Thursday the firm establishes iron and resource overseas planning department in April. The department has function of research and planning for steel business projects including upstream and downstream at overseas. The firm aims to maximize group’s profit through utilization of the department in mid-term management plan.

The department handles planning and assistant of overseas steel business, collecting information and implementing research. The department works as collaborator for foreign business partner. The firm leverages know-how of raw material procurement, equipment operation technology, upstream technology such for pellet plant and direct reduced iron plant, machine engineering and information of emerging countries from group companies.