Japan

Japan says April-June crude steel output to fall to 6-yr low

  Reuters – Japan's crude steel output for April-June is forecast to drop 7.8 percent from a year earlier to the lowest for the quarter in six years, the Ministry of Economy, Trade and Industry (METI) said on Thursday. The fall would mark the latest in a series of signs ...

Read More »

JAA: Japan aluminium product demand seen rising 1.8 pct in 15/16

  Reuters – Japan’s aluminium product demand, including for exports, is expected to grow 1.8 percent in the financial year starting April 1, backed by rising demand for cans for coffee beverages and a rebound in construction market, an industry body said. “Japanese economy is improving thanks to ‘Abenomics’ while ...

Read More »

India: Mesco Steel, Posco in pact to set up finex furnace in Odisha

EconomicTimes – India's Mesco Steel has signed an initial agreement with Posco to set up a plant that would use the South Korean steelmaker's finexBSE 0.00 % technology to make steel.  The plant would come up at Mesco's facility at Jajpur in Odisha. This will help the local company venture ...

Read More »

UAE: Senaat joins forces with Japan’s JFE & MISI to launch “Al Gharbia Pipe Company”

Senaat, one of the largest industrial holding companies in the United Arab Emirates, entered into a joint venture with a consortium made of two of Japan’s leading companies in the steel sector, JFE Steel Corporation and Marubeni-Itochu Steel Inc (MISI), to establish Al Gharbia Pipe Company which will manufacture and ...

Read More »

USA: Kobe Steel considers $800 million U.S. aluminium plant for car supplies

japantimes – Kobe Steel Ltd., supplier of aluminum sheet to half of the nation’s auto industry, is considering building a ¥100 billion plant in the U.S. to expand sales to Japanese carmakers operating in North America. The prize is an expected tenfold increase in demand for aluminum sheet in the ...

Read More »