JFE Steel Shuts Last Blast Furnace at Keihin District
Tokyo, Sept. 17 (Jiji Press)--JFE Steel Corp. shut down the last blast furnace at its East Japan Works' Keihin District on Saturday, in the face of shrinking domestic demand for steel and growing competition from Chinese steelmakers.
The shutdown of the blast furnace with a history of more than 100 years marks a major turning point for the major Japanese steelmaker.
(2023/09/17-09:45)
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