JFE Steel stopped domain production at Keihin plant

The Japanese corporation JFE Steel stopped the last operating blast furnace on Keihin metallurgical complex at Kawasaki near Tokyo. The enterprise is a part of the metallurgical East Japan Works complex. Capacities of the furnace with a capacity of 4,9 thousand CBM made 4,5 million t a year. In recent years their loading did not exceed 60%. As a result, because of adverse conditions of the Japanese market of steel and the serious competition from cheap import the management, JFE Steel made the decision to stop domain production. In the freed territory of shop the corporation plans to realize the project...