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16 Apr
05:36

JFE halts two blast furnaces

Japan's JFE Steel will stop two blast furnaces at its West Japan Steelworks due to lower steel demand in both the domestic and overseas markets, Kallanish notes. The steelmaker’s operations are affected by the global spread of Covid-19. JFE will shut a blast furnace in Kurashiki at the end of April and another in Fukuyama at the end of June, with restarts possible at short notice, the company says. The shutdowns are estimated to cut active…
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