News
14 April 2025

JFE Steel to build electric arc furnace in Japan

In:
Manufacturing & equipment
Region:
Asia-Pacific

JFE Steel Corporation has received government approval for a grant of up to $690 million to build an electric arc furnace at its Kurashiki facility in West Japan.JFE Steel plans to invest JPY329 billion ($2.2 billion) in the facility which is expected to begin operations in Q1 of fiscal year 2028,...

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