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Released May 26, 2022 | KOFU, JAPAN
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Researched by Industrial Info Resources (Sugar Land, Texas)--Nippon Steel Corporation (Tokyo, Japan) hopes to drastically strengthen its production of high-grade steel sheet, which is seeing heavy demand growth amid the boom in the electric-vehicle (EV) market.

Nippon plans to invest 270 billion yen (US$2.12 billion) at its Nagoya Integrated Steel Mill to build a next-generation hot-rolling line. The new line, which is expected to have an annual capacity of about 6 million tons, is scheduled to begin operations between April and June 2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project Database can read more in a detailed project report, and learn more about the Nagoya mill in a detailed plant profile.

Industrial Info is tracking more than US$2.7 billion worth of active projects in Japan involving the production of steel sheet, rods, bars, plates and other structural products. Subscribers can click here for a full list.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.

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