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Chubu Steel Plate Co. Addresses Steel Plant Accident and Recovery Efforts

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Chubu Steel Plate Co. Addresses Steel Plant Accident and Recovery Efforts

An update from Chubu Steel Plate Co ( (JP:5461) ) is now available.

Chubu Steel Plate Co., Ltd. experienced a significant accident at their Nagoya steelmaking plant on January 21, 2025, involving a steam explosion likely caused by molten steel contacting water. No casualties occurred, but the incident resulted in property damage and a temporary suspension of operations, with an expected resumption in mid-March 2025. The company is striving to restore product supply swiftly to minimize the impact on stakeholders.

More about Chubu Steel Plate Co

Chubu Steel Plate Co., Ltd. operates in the steel industry, focusing on the production of steel plates and related products. The company is listed on the Tokyo and Nagoya Stock Exchanges.

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