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Shinkansai Steel to Concentrate Crude Steel Output into Sakai Works
Japan's electric steelmaker Shinkansai Steel Corp intends to concentrate crude steel production from its Hoshida works in Osaka Prefecture into its Sakai works there from April 1 by shutting down the steelmaking process of the Hoshida works at the end of March. With the concentration of steelmaking operations, the company aims to reinforce its cost competitiveness.

Rolling operations of the Hoshida works are supposed to continue from April onward. As a result, the company is expected to stop purchasing local ferrous scrap at the Hoshida works by the end of March.

The Sakai works accounted for 158,000 tons, up 6.7% from a year ago, and the Hoshida works 173,000 tons, up 11.2% in Shinkansai Steel's total crude steel production in calendar 2014. The Sakai works is located in Sakai City, and the Hoshida works in Katano City.
last modified : Mon 02 Mar, 2015 [09:58]
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