Japan’s JFE Steel Unveils $2.2B Project to Deliver World’s First Low-Carbon, High-Grade Steel - ESG News
- $2.2B investment in carbon-neutral steel production: JFE Steel’s new facility at West Japan Works is backed by a government grant of up to $690M to build an electric arc furnace with a 2 million-ton annual capacity.
- First mass production of high-function steel via low-carbon process: The facility aims to produce advanced steel products—including electromagnetic and high-tensile sheets—currently not achievable with conventional arc furnaces.
- The company announced today that the project will move forward following government approval of a substantial grant to support its development.
I am not excited..you are....
Japan’s JFE Steel Unveils $2.2B Project to Deliver World’s First...
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