Tag: JFE Steel to Halt One of its Blast Furnaces Amid Sluggish Demand

JFE Steel, in the purview of the changing fundamentals in Japanese domestic market and international market has announced that it will continue to work on operational configuration of 7 blast furnaces (BF) down from 8 BFs. Also company plans to review production operations by focusing resources more strategically on key products. Expected effects- — The…