It reports that Kobe steel—Japan’s third large steel manufacturer plan to increase the crude steel production by 2.9% to 7.7 million ton by March, 2016.

Mr.NaotoUmehara, Vice president of administration of Kobe steel said that, due to the demand of auto industrial weak, the steel inventory of Kobe steel still keep on high level, but we still hope the auto production rising from July to September and building construction projects start operation.

                                                                                                            XINSTEEL NEWS