Edition:
United States

Kobe Steel Ltd (5406.T)

5406.T on Tokyo Stock Exchange

1,038JPY
8:18pm EDT
Change (% chg)

¥-16 (-1.52%)
Prev Close
¥1,054
Open
¥1,050
Day's High
¥1,051
Day's Low
¥1,038
Volume
366,100
Avg. Vol
3,714,064
52-wk High
¥1,300
52-wk Low
¥790

Select another date:

Wed, May 10 2017

Japan's Kobe Steel to spend $484 million to strengthen aluminum business

TOKYO Kobe Steel Ltd said on Wednesday it will spend about 55 billion yen ($484 million) to expand its aluminum business, buying 50 percent of a plant in South Korea and building a new facility in Japan, to meet growing demand from car makers.

Japan's Kobe Steel to spend $484 mln to strengthen aluminium business

TOKYO, May 10 Kobe Steel Ltd said on Wednesday it will spend about 55 billion yen ($484 million) to expand its aluminium business, buying 50 percent of a plant in South Korea and building a new facility in Japan, to meet growing demand from car makers.

BRIEF-Novelis enters joint venture with Kobe Steel in South Korea

* Novelis enters joint venture with Kobe Steel In South Korea

BRIEF-Kobe Steel to boost construction machinery output in US-Nikkei

* Kobe steel will ramp up construction machinery production in south carolina to prepare for increase in infrastructure projects

Select another date:

More From Around the Web