Tag: JFE Steel to Idle Two of its Blast Furnaces on Sluggish Demand

Japan’s second-biggest steel manufacturer is planning to temporarily halt its two of its blast furnaces in western Japan amid poor demand in its overseas and domestic market due to COVID-19. The producer will suspend the operations of its BF (Blast Furnace) at Kurashiki towards April end and another BF in Fukuyama at the end of…