[SMM Iron & Steel] Kobe Steel Plans New Large-Scale Scrap Melting Furnace at Kakogawa Works for Decarbonization

Published: May 21, 2026 15:15
Japan's Kobe Steel has announced plans to evaluate the installation of a new, large-scale scrap melting furnace at its flagship Kakogawa Works, aimed at accelerating its low-carbon transition. This project serves as a key initiative to meet its corporate climate target of reducing carbon emissions by 38% by 2030 (compared to 2013 levels). By combining this high-capacity scrap melting technology with existing blast furnace infrastructures, the mill expects to significantly increase its utilization rate of high-grade ferrous scrap, thereby reducing dependency on virgin hot metal and pig iron inputs.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
5.26 SMM Global Steel Daily Report
Common.Time.hoursAgo
5.26 SMM Global Steel Daily Report
Read More
5.26 SMM Global Steel Daily Report
5.26 SMM Global Steel Daily Report
China's HRC export prices fell 2 USD/tonne MoM today due to RMB appreciation, with some product categories maintaining relatively firm quotes for now. Futures pulled back today, market inquiries weakened, and traders reported that trading activity was very limited as the Eid al-Adha holiday approached in the Middle East.
Common.Time.hoursAgo
[SMM Steel Market Flash] Thyssenkrupp to Close Indiana Auto Plant by 2027, Consolidating US Ops in Ohio
Common.Time.hoursAgo
[SMM Steel Market Flash] Thyssenkrupp to Close Indiana Auto Plant by 2027, Consolidating US Ops in Ohio
Read More
[SMM Steel Market Flash] Thyssenkrupp to Close Indiana Auto Plant by 2027, Consolidating US Ops in Ohio
[SMM Steel Market Flash] Thyssenkrupp to Close Indiana Auto Plant by 2027, Consolidating US Ops in Ohio
Thyssenkrupp Automotive Technology has announced it will close its Terre Haute, Indiana facility — operated by thyssenkrupp Presta North America and employing around 230 people — by March 31, 2027. U.S. chassis operations will be consolidated at the Hamilton, Ohio plant run by thyssenkrupp Bilstein of America. The company said the closure will be phased to ensure uninterrupted customer supply. COO Viktor Molnar framed the move as a step toward more flexible and cost-efficient production structures amid ongoing transformation in the automotive industry.
Common.Time.hoursAgo
MMi Daily Iron Ore Report (May 26)
Common.Time.hoursAgo
MMi Daily Iron Ore Report (May 26)
Read More
MMi Daily Iron Ore Report (May 26)
MMi Daily Iron Ore Report (May 26)
On May 26, 2026, the iron ore futures market showed a weak trend today, with the main contract I2609 closing at 781 yuan/ton, down 1.95% from the previous trading session. Port spot prices fell by 5–10 yuan/ton compared to the previous day.
Common.Time.hoursAgo