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JFE to Partially Idle Steel Plate Plants

JFE to Partially Idle Steel Plate Plants

   Tokyo, Feb. 13 (Jiji Press)--JFE Holdings Inc. <5411> has announced plans to idle part of its steel plate plants in response to falling demand amid slowing growth of the world economy.
   Some of production lines at its East Japan Works' Keihin area facilities in the city of Kawasaki, Kanagawa Prefecture, and at the same works' Chiba area facilities in the city of Chiba will be halted by the end of next month and by the end of March 2023, respectively, the major Japanese steelmaking and engineering group said Wednesday.

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