Report
Kobe Steel eyes India M&A to lift compressor production
Nikkei Asia reports that a weak yen and high costs are pushing the steelmaker toward its more profitable machinery segment.
TLDR
Nikkei Asia reports that Kobe Steel is considering M&A in India to increase compressor production, citing an executive. It says a weak yen and high costs are pushing the Japanese steelmaker toward its more profitable machinery segment.
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