Nippon Steel to Invest in Electric Furnaces with Govt Support
Tokyo, May 30 (Jiji Press)--Nippon Steel Corp. said Friday that it will invest 868.7 billion yen in introducing electric furnaces at its domestic steel plants, with support from the industry ministry.
The ministry announced that it will provide up to 251.4 billion yen in aid for the company's changeover from blast furnaces.
(2025/05/30-18:08)
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