the Largest Japanese steel producer Nippon Steel will lose about 400,000 tons of raw steel in fiscal year 2019 (April 2019 – March 2020) as a result of the stops this year at its plants in Kimitsu plant in Tokyo, and also at the plant of the Nippon Steel Nisshin Kure in Hiroshima.
Production at the steelworks Kimitsu was suspended after the setting processing of blast furnace gas has fallen off the chimney due to Typhoon "Taxi" that struck the Eastern part of Japan on 9 September.
a Representative of Nippon Steel said that the company expects the renovations to be completed by the end of December, and the plant can be restarted in January. This means a loss of production of about 350 thousand tons of steel.
"We have organized alternative production at other factories such as the Kashima Works, Kashima Works, Yawata Works Wakayama Works, but it can not cover all the losses," said Nippon Steel.
Production losses from the stop of the steel mill Nippon Steel Nisshin after a major fire on 30 August reached 100 thousand tons over the same period. The company said that the plant will be difficult to restart until the end of the current fiscal year.
the company expects that the loss from impact on a business that involves both loss of volume and loss of value from visiting the Kimitsu steel production will reach 25 billion yen (approximately us $ 230 million), and Nisshin's Kure - 15 billion yen.
