Kobe Steel

Latest News

KOBE Steel Achieves 25% Reduction of CO2 Emissions From Blast Furnace

19 October 2023 - Japan’s Kobe Steel Ltd. announced this week that a demonstration test at its Kakogawa works has successfully reduced CO2 emissions by 25% from a large blast furnace.

Kobe Steel Unveils Low-CO₂ Blast Furnace Steel

17 May 2022 - Japan's Kobe Steel is launching a branded line of steel with significantly reduced carbon emissions, the company announced today.

Primetals Technologies Supplying Plate Mill for Kobe Steel

16 September 2021 - This summer, Primetals Technologies received an order for a steel plate finishing mill from Kobe Steel Ltd., the supplier has announced.

Kobe Steel Looks to Cut Carbon Emissions

13 May 2021 - Kobe Steel Ltd. has become the latest steelmaker to publicly announce an emissions reduction goal, saying it will look to reduce CO2 output by 30% to 40% by 2030 from 2013 levels, reports the Reuters news service.

Using Existing Tech, Kobe Steel Makes Big Carbon Reductions in BF Trial

18 February 2021 - Kobe Steel Ltd. was able to significantly lower carbon dioxide emissions from a blast furnace by packing it with hot-briquetted iron and managing furnace operations with AI tools, the company has reported.

Midrex, Kobe Steel Agree to Metallics Collaboration

13 July 2020 - Kobe Steel and its Midrex Technologies subsidiary have agreed to work with two other companies on providing green iron metallics and ironmaking solutions to the global steel industry.

Japan's Steelmakers Raise Mandatory Retirement Age

09 April 2019 - Japan’s aging population has created ever-present labor shortages for employers, but four Japanese steelmakers have found one workaround: keep the employees they have longer.

Kobe Steel Targets Increased Wire Rod Processing Capacity in China

17 December 2018 - Kobe Steel Ltd.’s joint-venture wire rod processing business in China will invest 900 million yen (about US$8 million) to expand capacity there, its fifth such capacity expansion since 2009.

Kobe Steel Plans New Annealing Line

04 April 2018 - Japan’s Kobe Steel Ltd. said it will expand its capacity to make ultrahigh-strength steel through the equivalent of a US$470.5 million investment at its Kakogawa Works, the steelmaker announced Wednesday.

Kobe Steel Executive Tapped for CEO Role

12 March 2018 - Kobe Steel has named a company veteran to its helm following the resignation of chief executive Hiroya Kawasaki, who is stepping down as a result of the quality control scandal that has shaken the Japanese steelmaker.

Quality Control Problems Prompt Kobe Steel CEO, Other Executives to Resign

06 March 2018 - Kobe Steel chairman and chief executive Hiroya Kawasaki said he’ll resign at month’s end because of the quality control scandal that affected more than 600 customers.

Report: Kobe Steel Chairman to Step Aside

05 March 2018 - Kobe Steel chairman and chief executive Hiroya Kawasaki reportedly is preparing to resign his post over the quality control problems that have shaken the company and left customers scrambling to verify safety of their products, reports the Nikkei Asian Review.

U.S. Government Makes Inquiry Into Kobe Steel Scandal

18 October 2017 - The Kobe Steel quality-data scandal has caught the attention of the U.S. Justice Department, which has requested records related to any defective material sold in the U.S., according to The New York Times.

Kobe Steel Crisis Worsens With New Disclosure

13 October 2017 - Kobe Steel Ltd.’s product-quality data scandal worsened on Friday as the company disclosed that some steel products were shipped despite failing to meet customer specifications and that more customers had been affected by the overall problem than first thought.

Fake Quality Data Could Cost Kobe Steel More than Money

11 October 2017 - About a third of the value in Kobe Steel Ltd. shares has been wiped out after the Japanese steelmaker disclosed that some employees falsified inspection certificates on copper and aluminum products and may have falsified data on powdered iron.