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Iron and Steel News05/18/2009

Takasago Tekko Withdraws from Stainless Cold Rolling
Takasago Tekko announced on Friday the firm withdraws from stainless cold rolling business by end of 2009. The firm reduces around 1.4 billion yen per year of fixed cost by removing 2 cold rolling mills, continuous annealing and pickling facilities, continuous bright annealing facilities and related facilities. The firm reduces around 70 of employees by early retirement and transferring to group companies. The firm focuses the resources on surface treated products including embossment, polishing, plating and high precision pipe and precise processing products while the firm purchases cold rolled products from third parties. The firm also tries to get order for charge processing for surface treatment and precise processing.


Today's Japan Metal Bulletin E-mail
Takasago Tekko Withdraws from Stainless Cold Rolling
Japan H-beam Import Increases by 13.5% in F2008
Steel Plate Market Price Continues to Lower, Tokyo
Weak Carbon Machine Structural Steel Price in Tokyo
Firm Ferrous Scrap Price in Tokyo

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