|  | 06/11/2010 |
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Nippon Steel to Invest 150 Billion yen R&D in 3-Year
Nippon Steel plans to invest around 150 billion yen for research and development in 3-years through fiscal 2011 ending March 2012, which is 10% higher than record investment in fiscal 2006-2008. The firm improves the ability to develop new products and new process for advanced technology in the world. The firm secures strategic investment resource including capital expenditure and investment for long term growth despite of severe condition under higher raw materials cost and slow domestic demand. The firm improves the profitability and global business platform as world No.1 company in total capabilities.
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 | Nippon Steel to Invest 150 Billion yen R&D in 3-Year
| | Sumikin Bussan Expands Offshore Steel Business
| | Japanese Steel Plate Users Approve Price Hike under Supply Tightness
| | Japan Ferrous Scrap Purchase Price by Steel Makers is Below 30,000 y/t
| | JISRI Hosts First International Ferrous Recycling Forum
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