News Room - Steel Industry

Posted on 06 Mar 2015

Japan’s Kobe Steel to build aluminum plant in US

Japan’s Kobe Steel has announced plans to build an aluminum plant in the US.

The company expects to invest around US$832 million into the new aluminum plant, targeting to satisfy the demand for aluminum sheet in the market.

Automobile manufacturers have plans to use more aluminum in order to save weight and of cars with cost-effectively.