TOKYO, May 29 - Japanese Kobe Steel Ltd
said on Wednesday it would shut a blast furnace and other
upstream equipment at its Kobe Works plant in western Japan in
the year starting April 2017 to turn around its loss-making iron
and steel business.
TOKYO, May 25 - Kobe Steel Ltd is
considering shutting a blast furnace in Kobe, western Japan, to
cut production capacity by 20 percent, the Nikkei business daily
reported on Saturday, as it tries to turn around its loss-making
iron and steel business.