A plan has emerged to build a new hot-rolling line at Nippon Steel's Nagoya Works, the first such addition in 63 years. The project is expected to involve a total investment of approximately ¥300 billion and increase production capacity by approximately 20%, making it a core component of the company's future capital investment.
A plan to build a new hot-rolling line at Nagoya Works, the first in 63 years, has been disclosed. The move is expected to reorganize the production structure at the facility.
The total investment is reportedly approximately ¥300 billion, while production capacity is expected to increase by approximately 20% once the project is completed.