JFESteel announced in a statement that it has invested 329.4 billion yen to set up a large modern electric arc furnace (EAF) at its Kurashiki site at WestJapanWorks.
Japanese steelmaker JFESteel has announced that it will build an advanced, high-efficiency and large-scale electric arc furnace (EAF) at its Kurashiki plant within the scope of Japan's carbon-neutrality goals.
JFESteel, Japan’s second largest steelmaker, is investing ¥329.4 billion ($2.26 billion) to build a large modern electric arc furnace (EAF) at its Kurashiki facility at West Japan Works.
JFESteelCorporation... In May 2021, JFE Steel established the “JFE Group Environmental Vision”, which envisions taking bold steps to combat climate change in line with environmental goals by 2050.