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Kobe Steel to pay customers' costs over mislabeled products

Greenhouse gas and gold mines Nearly 1 ton of CO2 emitted per ounce of gold produced in 2019

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Essential Metals & Mining Insights - August 2020

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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.