Tag - jfe

 
 

JFE

Steelmakers' concerns about BHP's coking coal market power could derail a deal between BHP and Anglo American.
BUSINESS / Companies
May 10, 2024
BHP-Anglo American deal raises alarm in Japan's steel industry
Australia is the world's biggest exporter of coking coal and top supplier to Japan, making up around 60% of its imports.
JFE's net profit for the year ended March 31 came to ¥197.4 billion ($1.28 billion), just ahead of analysts' average forecast of ¥194.90 billion in an LSEG poll, thanks to higher steel margins.
BUSINESS / Companies
May 7, 2024
Japanese steelmaker JFE eyes overseas investments amid slower profit growth
The country's No. 2 steelmaker plans to ramp up overseas investments as part of a long-term drive to double profits.
Japan Times
BUSINESS
Jun 12, 2023
Major Japanese steelmakers face high bar for decarbonization
Carbon dioxide emissions from the steel industry account for roughly 50% of the total from the domestic industry sector.
Japan Times
BUSINESS / Companies
Dec 6, 2022
Nippon Steel and JFE may further boost output of niche steel for electric vehicles
Electrical steels have enhanced magnetic properties and help limit energy loss in EV motors, and are also used in power-generation equipment and mobile phones.
Japan Times
BUSINESS / Companies
Aug 29, 2022
JFE may build electric arc furnace to replace older facility in western Japan
The move comes as steel-makers around the world are under pressure to cut emissions to tackle climate change.
Japan Times
BUSINESS / Companies
Aug 4, 2020
Japan’s steel woes set to be laid bare as top mills give updates
The coronavirus pandemic has seen steel mills across the country reduce or halt production.
BUSINESS / Companies
Jan 3, 2019
JFE Steel and Chugoku Electric scrap plan for coal-fired power plant near Tokyo
JFE Steel Corp. and Chugoku Electric Power Co. abandoned plans to develop a coal-fired power plant near Tokyo that had drawn scrutiny from a government official.
BUSINESS / Companies
Oct 29, 2015
Japan's top steel mills slash profit forecasts on China glut
Nippon Steel & Sumitomo Metal Corp. and JFE Holdings Inc. cut their profit forecasts for the year as the nation's top two producers respond to a global supply glut spurred by unprecedented Chinese exports.
BUSINESS / Companies
Dec 25, 2014
JFE Engineering to build ¥14.8 billion biomass plant in Aichi
JFE Engineering Corp. and partners have won an order to build a biomass plant for Toyohashi, Aichi Prefecture.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?