JFE to Halt Blast Furnace in Western Japan in FY 2027
Tokyo, May 8 (Jiji Press)--JFE Steel Corp. will completely stop one of its three blast furnaces in operation in Fukuyama, Hiroshima Prefecture, western Japan, in fiscal 2027 to cut costs, its parent, JFE Holdings Inc., said Thursday.
The move is aimed at helping JFE Steel streamline its domestic steel production, which is currently considered excessive, and shift its resources to growth areas such as decarbonization and foreign operations.
(2025/05/08-20:08)
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