Tokyo Steel held a board meeting and approved an investment and renovation plan totaling JPY 10 billion (approximately US$74 million) to transform the existing hot-dip galvanizing line at its Okayama plant into a dual-purpose line for hot-dip galvanizing and continuous annealing. After the renovation, the company's total capacity for cold-rolled and galvanized products will reach 250,000 mt/year, and it is expected to commence production in early 2027.
May 23, 2025 11:53[SMM Flash News] Tokyo Steel held a board meeting and approved an investment and renovation plan with a total amount of 10 billion yen (approximately $74 million). The plan involves renovating the existing hot-dip galvanizing line at the Okayama plant into a dual-purpose line for both hot-dip galvanizing and continuous annealing. After the renovation, the company's total capacity for cold-rolled and galvanized products will reach 250,000 mt/year, and the line is expected to commence operation in early 2027.
May 23, 2025 11:52