Japan Steel to Sell Parts for 26 Nuclear Reactors (Update1) - Bloomberg.com - 0 views
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Energy Net on 07 Jun 10"- Japan Steel Works Ltd., maker of nuclear reactor parts for customers including Areva SA and Toshiba Corp., plans to sell components for 26 reactors in the next three years as demand expands from China and the U.S. Component sales will almost double to 11 units annually for the year ending March 2013, from an expected 6 for this fiscal year with an expansion, President Ikuo Sato said in an interview in Tokyo. Japan Steel Works is spending 80 billion yen ($879 million) on its Muroran factory, Sato said May 21. Japan Steel Works is seeking to benefit from demand for nuclear energy as a carbon-free source amid a global push to combat climate changes. Interest in nuclear power is growing at the fastest rate since the Three Mile Island accident in the U.S. in 1979 and the Chernobyl explosion in Ukraine in 1986, International Atomic Energy Agency statistics showed. "