According to the latest foreign reports, was China's rapidly growing auto industry attracted many Japanese non-ferrous metal companies are focused on investing in building a production base in China with a view to rapid occupation of China's rapidly expanding auto parts raw material market.
Kobe Steel's production base in Jiangsu Province has recently started operation in July last year, Kobe Steel's investment in Jiangsu Province ¥ 500,000,000 to build a new plant, processing auto parts used in the manufacture of copper raw material plate joints. Kobe Steel Company, a management source said that China's future market development has great potential, especially for non-ferrous metal auto parts suppliers.
Mitsui Metal is also about to invest nearly 5 billion yen to the Guangdong Provincial Construction a catalyst for production of automotive exhaust treatment plant, aimed at China's strict automobile emissions standards arising from business opportunities. Is expected to begin in October 2007 with full production. Products will first be supplied to Japan and China, motorcycle and automobile manufacturers.
A month ago, the Japanese Furukawa Sky Aluminum Company to spend 1.2 billion yen the building of aluminum production plant in Tianjin. At present, the plant has begun mass production, mass production of aluminum for the manufacture of automotive radiators, monthly production of about 250 tons. 2010, the plant's annual sales up to 20 billion yen.
Nippon Light Metal Co., Ltd. is expected to be April's acquisition of Mitsubishi aluminum business, with Mitsubishi in China's distribution network in China to sell its auto parts aluminum alloy material. Nippon Light Metal Co., Ltd., President Kaoru Sato, Township, said the company will create a new production base in China.
China Nonferrous Metal Research Institute, according to Mr. Zhang, the expert analysis: "At present, the international non-ferrous metals highly competitive, although the Japanese companies with strong technological strength and competitiveness of their products, but the pressure is great. So, to enter the current competitive Li is also not very strong market in China is also expected. "
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