Tag: Japan: JFE Steel aims to reduce carbon emissions by 30% by FY’30

Japan’s JFE Steel has aimed to reduce carbon dioxide emissions in steelmaking with a total capital investment of JPY 1 trillion ($7.1 billion) through research and development by FY’30 and achieve carbon neutrality by 2050. Also, the steel major has plans to install an electric arc furnace by replacing a blast furnace at its West…