April 10, 2019
Kobe Steel, Ltd.
Kobe Steel, Ltd. has decided to propose to its customers an increase in the roll margin of its aluminum rolled products.
Kobe Steel will explain the reason for the revision to its customers and aims to gain their understanding.
Revising the roll margin will enable Kobe Steel to provide a stable supply of high-quality products.
Various additional costs, such as higher transportation costs, have arisen, while energy costs for electricity continue to increase, and prices for secondary packaging materials and secondary raw materials have soared.
On the other hand, despite Kobe Steel’s ongoing efforts to reduce costs, it is difficult for the company to absorb all cost increases through internal efforts alone.
Kobe Steel realizes that maintaining its production facilities and R&D system are the two most important issues to ensure a stable supply of high-quality products that satisfy customers in a timely manner and in the future. To this end, it is necessary to make investments in upgrading and improving production systems and facilities.
Aiming to contribute to the further growth of its customers, Kobe Steel seeks their understanding and cooperation for the price revision.
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