🚀 Kobe Steel to Raise Steel Plate Prices by at Least 10,000 Yen per Ton from April Contracts
#KobeSteel #SteelPlatePrices #PriceIncrease #SteelIndustry #RawMaterialCosts #ProductionCosts #MarketDynamics #SteelManufacturers #JapanSteel #GlobalSteel
Kobe Steel, a major Japanese steel manufacturer, has announced a price increase for its steel plate products. According to Jin10, starting from April contracts, the company will raise prices by at least 10,000 yen per ton. This move is part of Kobe Steel's strategy to address rising production costs and maintain profitability amid fluctuating market conditions. The price adjustment reflects the company's response to increased demand and higher raw material costs, which have been impacting the steel industry globally. Kobe Steel's decision is expected to influence market dynamics and could lead to similar actions by other steel producers.#KobeSteel #SteelPlatePrices #PriceIncrease #SteelIndustry #RawMaterialCosts #ProductionCosts #MarketDynamics #SteelManufacturers #JapanSteel #GlobalSteel
🚀 Japanese Firms Collaborate on Domestic AI Model Development
#JapaneseFirms #AI #SoftBank #NEC #Honda #SonyGroup #AIModelDevelopment #JapanAI #AutonomousDriving #NipponSteel #KobeSteel #MitsubishiUFJBank #SumitomoMitsuiBank #MizuhoBank #PreferredNetworks #PublicCall #NewEnergyIndustrialTechnology #TrillionYenSupport
SoftBank, NEC, Honda, and Sony Group have established a new company named 'Japan AI Foundation Model Development' to create domestic AI foundational models for Japanese businesses. According to Odaily, a SoftBank executive will lead the company, with Nippon Steel, Kobe Steel, Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, and Mizuho Bank contributing financially. SoftBank and NEC will handle development, while Honda plans to apply the results to autonomous driving, with Preferred Networks also participating. The company intends to apply for a public call from the New Energy and Industrial Technology Development Organization, which, if selected, could provide support amounting to 1 trillion yen over five years starting in 2026.#JapaneseFirms #AI #SoftBank #NEC #Honda #SonyGroup #AIModelDevelopment #JapanAI #AutonomousDriving #NipponSteel #KobeSteel #MitsubishiUFJBank #SumitomoMitsuiBank #MizuhoBank #PreferredNetworks #PublicCall #NewEnergyIndustrialTechnology #TrillionYenSupport