🎗About completion of procedure concerning Ulsan Aluminum’s joint venture
Each automobile manufacturer is accelerating the weight reduction of automobiles against the backdrop of the strengthening of global environmental regulations, and demand for aluminum panel materials for automobiles (hereinafter referred to as “aluminum panel materials”) is expected to expand greatly in the future.
By investing in Ulsan Aluminum, the Company will secure stable base metal supply capacity, and in addition to continuing to strengthen existing core businesses such as beverage cans and disk materials, we will reliably capture demand for aluminum panel materials that will grow in Asia By doing so, we intend to strengthen the aluminum sheet business. KOBELCO Kobe Steel