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Nippon Steel & Sumitomo Metal & BlueScope Thai JV adding capacity-The 18th China(Guangzhou)Int’l Metal &Metall
urgy Exhibition
9/14/2016 金属展-冶金展-钢铁展-steel expo-metal &metallurgy expo |
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Nikkei reported that a joint venture between Nippon Steel & Sumitomo Metal and Australia''s BlueScope Steel is adding capacity in Thailand to produce 50% more sheet steel for construction purposes, with a focus on thin, rust-resistant sheet for the roofs and walls of homes.
NSBS plans to invest 12 billion yen ($118 million) at a plant in central Thailand''s Rayong Province to add new lines for processing thin steel sheet. It will install more equipment for plating the sheet with zinc to prevent rusting.
When the new lines become operational in mid-2018, annual capacity for the steel sheet will reach 470,000 tons.
NSBS has specialty agents in Thailand that can process sheet in detailed shapes and designs according to customer needs. With a network of some 350 companies for metal processing and distribution, it is very competitive in the market for roofing and wall materials. It has captured the leading share of the Thai market for sheet steel construction materials by offering a broad line of products at different price points and promoting its brand.
By adding capacity, the company aims to further increase its share of the market and also use the Rayong plant as an export base to such neighboring countries as Myanmar and Cambodia.
-The
18th China(Guangzhou)Int’l Metal &Metallurgy Exhibition
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