.jpg?lang=en-US&ext=.jpg)
.gif?width=220&height=200&mediaprotectionhash=374c6b9a31f2b2fbfc7937391034efb46fd57feba997b9ad2ae9a0bd3d48329d&ext=.gif)
Nippon Steel Nisshin to Halt Blast Furnace
12/26/2019 - Nippon Steel Nisshin Co. Ltd. plans to bank a blast furnace in southern Japan next year, saying that a slowing market and other factors necessitated the move.
In a statement, Nippon Steel Nisshin said it will halt the No. 2 furnace at its Kure Works in mid-February and will shift production to the No. 1 furnace.
“The reason for this is that both blast furnaces were operating at a low utilization rate due to a fire accident at the Kure Works in August 2019, in addition to the deteriorating environment for steel demand,” the company said in a statement.
.gif?width=100&height=200&mediaprotectionhash=e2d5b15d68f84f22038524be6c58e5268d67b7f44494b544e29a8d53c5b959ba&ext=.gif)
