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Iron and Steel News01/20/2010

Daido Steel to Expand Capital Expenditure in F2010
Daido Steel increases capital expenditure in fiscal 2010 starting April to improve research & development, reorganization of production bases, new business and offshore business. The firm plans near 10 billion yen of expenditure for next innovation when the demand increases in volume obviously while the firm reduces the expenditure to around 7 billion yen in fiscal 2009, which was around half of depreciation under decreasing revenue.


Today's Japan Metal Bulletin E-mail
Daido Steel to Expand Capital Expenditure in F2010
Japanese Plate Demand to Reach 3MT for Jan-Mar
Japanese Integrated Steels Keep High Scrap Utilization in November
Special Steel Demand Rebounds in Japan
Firm Ferrous Scrap Price in Tokyo

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