Tag: Orders surge for Japanese steel engineering firms as decarbonsiation movement spreads

The number of orders received by Japanese steelmaking plants have increased y-o-y against the backdrop of the decarbonisation movement which is spreading worldwide. Moreover, steelmakers have started adopting coke dry fire extinguishing equipment (CDQ) and the electric furnace route of steelmaking, which is compatible with decarbonisation. This would further enable them to control capital investment.…