October 07, 2008

Kobe Steel to raise raw steel output in 2008

JMB reported that Kobe Steel is planning to increase the raw steel output to 8.3 to 8.4 million tonnes in fiscal 2008 renewing record 8.1 million tonnes in fiscal 2007 to meet higher demand for high valued steel from manufacturers including automakers.

The report added that Kobe Steel raises the output after expansion of blast furnace at Kakogawa and Kobe works in fiscal 2007