25
Feb
11:21
Kobe Steel boosts China wire capacity again
Japan’s Kobe Steel is continuing to expand its automotive wire capacity in China to benefit from a growing market that can help it compensate for its disastrous exposure to Chinese construction and engineering. The latest investment at joint venture Jiangyin Sugita Fasten Spring Wire Co. is the most recent of a number of expansions over the last two years, Kallanish notes.
The company will lift monthly capacity at the automotive spring wire plant by 420t t…
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Anonymous
Very good overview of the weekly steel market.
Anonymous