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Home Steel News JFE Steel to restart idled furnace in February
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JFE Steel to restart idled furnace in February

21 Dec 2009 17:44 reported by Judy Lin

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Japan’s second-largest steelmaker, JFE Steel Corp., said in a statement that it will restart one blast furnace which was stopped operation this January on improved demand from auto making sector.

JFE Steel plans to resume the furnace operations by February next year and they have started the maintenance in October by spending about ¥30 billion.

According to the Japan Iron and Steel Federation (JISF), Japanese crude steel output rose by 0.5 percent in November compared to a year earlier for the first rise in 14 months. Increasing demand was mostly from automakers and exports rise in Asia.

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Metal Price Index

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LME Official Bid Price

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