Kobe Steel, Ltd. announces that its Chinese affiliate company, Kobe Special Steel Wire Products (Pinghu) Co., Ltd. ( KSP), has started up its new pickling equipment. Based in Pinghu, Zhejiang Province, KSP processes special steel wire rod into CHQ steel wire.
The new equipment increases production capacity to about 4,900 MT per month, from 3,500 metric tons per month.
KSP was established in 2007 to process steel wire rod into cold heading quality (CHQ) steel wire for supply mainly to Japanese-affiliated automotive parts manufacturers in China. The wire is used to make automotive bolts, nuts and other products. Full operation began in 2009. Kobe Steel provides 100 percent of the special steel wire rod as the base material to KSP.