Tokyo Steel Approves JPY 10 Billion Investment Plan to Transform Okayama Plant

Published: May 23, 2025 11:53
Tokyo Steel held a board meeting and approved an investment and renovation plan totaling JPY 10 billion (approximately US$74 million) to transform the existing hot-dip galvanizing line at its Okayama plant into a dual-purpose line for hot-dip galvanizing and continuous annealing. After the renovation, the company's total capacity for cold-rolled and galvanized products will reach 250,000 mt/year, and it is expected to commence production in early 2027.

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Tokyo Steel held a board meeting and approved an investment and renova - Shanghai Metals Market (SMM)