Strengthen management of the full cost reduction and efficiency
Recently, the Japanese steel companies are actively reduce costs in order to improve the competitiveness of enterprises. Reduction goals established by the Nippon Steel and Sumitomo Metal 100 billion yen and 30 billion yen, and in October after the merger will increase the cost reduction goals. Japan's JFE Steel Corporation under the electric furnace steel mills reorganized to strengthen the management of blast furnace steel mills, plans to drop this 2200 billion yen.
Kobe Steel to strengthen management of various departments, including iron and steel, nonferrous metal, weld metal and construction machinery, including all dynasties and efficiency. Also focus on the main iron and steel production plants and increased investment to actively reduce production costs. It is reported that Kobe Steel focus on cost reduction and the main steel plant with an annual capacity of nearly 600 million tons, the operating rate of about 85%, exports, compared to 33 percent, senior product accounted for 30%. The main measures of the plant to reduce costs: the use of homegrown high-quality pellets instead of lump ore and reduce the coke rate; furnace fuel from heavy oil to LNG (liquefied natural gas); increase in mill construction of a continuous heat treatment furnace used to instead of intermittent furnace, and efforts to use waste heat power generation.
To invest abroad to establish a senior product factory
Declining competitiveness of Japanese exports of steel products, because the appreciation of the yen and China and South Korea's steel production rose and Japanese steel companies to change strategy to turn to foreign investors to set up senior product deep-processing plants. Can play the advantage of the appreciation of the yen, driven by exports. At present, investment in Japanese steel companies was mainly targeted at the fast economic development and lack of senior product.
Japan's Nippon Steel and Wuhan Iron and Steel Group, Wuhan Iron and Steel Nippon Steel Tinplate Works half invested in building a. Beginning in August of this year, the joint venture construction of a continuous annealing furnace production line and tin plating production line, plant, installation of equipment, can be put into operation during the year 2013 in early 2013. The core equipment of the plant is contracted by the Nippon Steel, ancillary equipment supplied by the Wuhan local producers, 50% of each investment. One of the annual heat treatment capacity of 400,000 tons, tin plating products annual production capacity of 200,000 tons.
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