trending Market Intelligence /marketintelligence/en/news-insights/trending/aZ5b1_T6qv895bpQCJUfEA2 content esgSubNav
In This List

Kobe Steel to pay customers' costs over mislabeled products

Blog

Global Clean Action Energy Forum

Video

Insight Monthly, October 2022

Blog

Insight Weekly: Stocks endure more pain; bank branch M&A slows; debt ratios fall

Blog

Insight Weekly: Unease roils markets; US likely to slip into recession; firms' cash ratios fall


Kobe Steel to pay customers' costs over mislabeled products

Kobe Steel Ltd. plans to pay customers' costs related to its mislabeled products, Reuters reported Oct. 13, citing CEO Hiroya Kawasaki.

Kawasaki, however, said that it has not yet received any requests for compensation from its customers.

The company extended the list of products compromised by falsified data, including aluminum, copper, iron powder products and metal materials used in optical discs. The list of products may increase as the company continues its audit.