Nippon Steel has recovered after a disaster in Japan

Japanese steelmaker Nippon Steel brought production at the three blast furnaces in the east of the country's pre-crisis level. This was stated in the concern, reports Reuters. Recall that Nippon Steel has recently resumed shipping products with virtually all its businesses. The only exception is the steel mill Kaimishi, which is located in the northern part of Japan. In addition, the Corporation re-commissioned the blast furnaces in the production of near Tokyo. They were stopped after the earthquake on March 11. As is known, Nippon Steel increases prices for H-beam by 6%, or 5 thousand yen / ton (60.3 U.S. $ / ton). Thus, the corporation tries to compensate for rising production costs. Previously reported that Nippon Steel expects growth in operating costs in the April-June. It is assumed that during this period of the holding costs increase by 15 thousand yen / ton (183.5 U.S. $ / ton). "Nippon Steel Corp." considered the largest in Japan and the world's second largest steel company. Ministry of Industry