December 02, 2008

Tokyo Steel to increase plate steel output in December

It is reported that Tokyo Steel Manufacturing plans to increases its plate steel output to 30,000 tonnes per month level in December 2007 from current 20,000 tonnes to 25,000 tonnes by increasing the shift from current 2 to 3 shifts operation.

Tokyo Steel is expanding the output to meet strong demand from offshore buyers when the worldwide plate supply gets tighter under strong demand for shipbuilding and energy industry.