Japanese steel giant JFE Steel announced last month that its companies responsible for the mineral products, alloy iron, iron-making related business and functional materials business JFE Mineral Co Ltd, Mizushima Ferroalloy Co Ltd & JFE Material Co Ltd will be integrated as by April 1, 2022. The outline of the new company will be announced once the proposal is obtained. After this integration, the new company will promptly respond to further growing needs such as securing supply capacity and product development in the functional materials business, steadily seize growth opportunities, and expand the supply of materials that support technological innovation.Until now, each company has been developing its business by taking advantage of its characteristics and regional characteristics, but in order to adapt quickly to these changes, the company scale will be expanded by this integration, and technical capabilities, sales capabilities, human resources, etc. will be expanded. We will improve the flexibility, agility, and efficiency of the management of thickened management resources, establish a strong management base, and realize long-term sustainable growth.JFE Mineral Co Ltd - Mining / processing / sales of mining products (limestone, dolomite, silica stone, etc.) Processing / sales of steel slag, manufacturing / sales of functional material products, etcMizushima Ferroalloy Co Ltd - Manganese ferroalloy Manufacture and sale of iron and boron nitrideJFE Material Co Ltd - Manufacture and sale of chromium-based ferroalloys and valuable metal recovery business
Japanese steel giant JFE Steel announced last month that its companies responsible for the mineral products, alloy iron, iron-making related business and functional materials business JFE Mineral Co Ltd, Mizushima Ferroalloy Co Ltd & JFE Material Co Ltd will be integrated as by April 1, 2022. The outline of the new company will be announced once the proposal is obtained. After this integration, the new company will promptly respond to further growing needs such as securing supply capacity and product development in the functional materials business, steadily seize growth opportunities, and expand the supply of materials that support technological innovation.Until now, each company has been developing its business by taking advantage of its characteristics and regional characteristics, but in order to adapt quickly to these changes, the company scale will be expanded by this integration, and technical capabilities, sales capabilities, human resources, etc. will be expanded. We will improve the flexibility, agility, and efficiency of the management of thickened management resources, establish a strong management base, and realize long-term sustainable growth.JFE Mineral Co Ltd - Mining / processing / sales of mining products (limestone, dolomite, silica stone, etc.) Processing / sales of steel slag, manufacturing / sales of functional material products, etcMizushima Ferroalloy Co Ltd - Manganese ferroalloy Manufacture and sale of iron and boron nitrideJFE Material Co Ltd - Manufacture and sale of chromium-based ferroalloys and valuable metal recovery business