Japan’s JFE Steel Corporation will restructure its domestic steel sheet business to build a more competitive foundation under its "JFE Vision 2035" strategy.
The company plans to shut down the pickling line at its East Japan Works (Keihin) by the fiscal year 2026, followed by the continuous galvanizing line (No.4 CGL) and related facilities by the end of the first half of the fiscal year 2028. Production will consolidate at the Chiba, Kurashiki, and Fukuyama sites to increase production efficiency.
This restructuring aims to reduce fixed costs and increase annual profit by approximately 10 billion yen. The Keihin district transitions into a manufacturing hub for plates and steel pipes in eastern Japan.
JFE Steel intends to manage employee transfers and stakeholder concerns with integrity. The restructuring targets a resilient production system focused on high-value-added products.