Topman Kobe Steel away after fraud

amsterdam - With the resignation of Kobe Steel CEO Hiroya Kawasaki in Tokyo after the scandal with manipulation of his steel quality, the company is preparing to settle claims.

The fraud case at the country's third-largest steelmaker has again shocked Japan's reputation after previous business scandals. Kobe Steel delivers to all major engine manufacturers but recently fiddled with the steel values, for example in all its steel wire.