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JFE Steel to reduce H beam production further in Q3
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It’s reported that Japan’s JFE Steel will continue to reduce its H beam production in this third quarter.
It’s known that JFE Steel reduced the H beam output by 10% from a quarter earlier in the second quarter of this year and the firm planned to cut the H beam output further by 20% from the first quarter of this year as it will start the maintenance during July and September, ahead of the schedule.
JFE Steel started to reduce H beam production since the fiscal year 2011. The company cut the H beam output by 25% year on year in fiscal year 2011.
News Date
7/3/2012 1:13:48 PM
reported by
Steffan Wang
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