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20 Apr
11:17

JFE, Nucor plan Mexican autosheet plant

Japan’s JFE Steel will invest JPY 30 billion ($264 million) in a new 400,000 tonne/year autosheet joint venture with Nucor in Mexico, reports suggest. The plant is expected to supply Japanese car makers in the growing sector, Kallanish notes The plant is expected to be an autosheet galvanizing line supplying steel car doors and frames. Nissan Motor, Honda Motor and Mazda Motor all have production facilities in Mexico, and Toyota Motor plans to co…
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