# Nippon Steel to invest ¥104B in electrical steel sheet capacity expansion

Nippon Steel announced a cumulative investment of approximately ¥104 billion to expand electrical steel sheet production capacity at its Hirohata and Yawata works. The expansion will increase capacity by about 40% from current levels, with full effect expected in the first half of fiscal 2023.

- Type: Expansion
- Announced: 2020-11-06
- Where: Hirohata and Yawata, Japan, Japan
- Value: $990.0M (104.0B JPY)
- Starts operating: Q2 2023
- Status: announced
- Capacity: 40% increase from current capacity
- Products: electrical steel sheets (grain-oriented and non-oriented)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Nippon Steel](https://endata.com/companies/7455.md)

## Sources

- [nipponsteel.com](https://www.nipponsteel.com/news/20201106_100.html), 2020-11-06: "一連の能力・品質向上対策は2023年上期中にフル効果を発揮し、生産能力は現行より約40%増える予定です。"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
