Author: Sakeena Rizvi
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Japan: Kobe Steel shelves decarbonisation investments amid steel market slowdown
Decline in steel prices triggers cost-cutting plan Company’s crude steel capacity stands at around 6 mnt Japan Metal Daily: In its medium-term management plan, which ends in FY’26, Japan’s Kobe Steel will revise its three-year investment plan (based on decision-making), which includes investments related to decarbonisation, downward from around JPY 950 billion to about JPY…