Nippon Steel Investing in Electrical Steel Capacity & Quality

its electrical steel sheet facilities in the Setouchi Works Hirohata, along with the measures previously announced for the Setouchi Works Hirohata and Kyushu Works Yawata. The investment, including those previously announced, will total approximately JPY 104 billion. This series of measures to improve capacity and quality will take full effect during the first half of 2023, with manufacturing capacity expected to increase by approximately 40%.

Amount invested

Announced August 1, 2019 Kyushu Works Yawata – JPY 46 billion

Announced November 1, 2019 Setouchi Works Hirohata – JPY 14 billion

Announced May 8, 2020 Kyushu Works Yawata – JPY 10 billion

Announced November 6, 2020 Setouchi Works Hirohata JPY 35 billio

Total - JPY 104 billion

Target facilities: Pickling, cold rolling, annealing, slitting line, physical distribution facilities, etc at Kyushu Works Yawata/Setouchi Works Hirohata

Set-up period: To take full effect in the first half of 2023 (manufacturing capacity: +40% more than the current level)

CO2 reduction effect: Approximately 3 million tons/year