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)02/20/2020
|20200YEN (-)||22200YEN (-)|
|179.91US$ (-2.17)||197.72US$ (-2.39)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)