08
Apr
11:05
JFE to double Kurashiki electrical steel sheet capacity
Japan’s JFE Steel Corporation plans to double the electrical steel sheet production capacity of its West Japan Works (Kurashiki District), in line with the global trend towards car electrification and carbon neutrality, Kallanish notes.
The construction will cost about JPY 49 billion ($447 million) and finish before production starts in the first half of fiscal 2024. High-grade non-oriented electrical steel sheet is essential for the cores of the motors that…
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Anonymous
Very good overview of the weekly steel market.
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