【SMM Steel】JFE Steel to restructure sheet operations for improved profitability

Published: Apr 8, 2026 16:22

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【SMM Steel】JFE Steel will restructure its domestic sheet business under its "JFE Vision 2035" strategy. It plans to shut down the Keihin pickling line in FY2026 and the No.4 CGL by end of H1 FY2028. Production will consolidate at Chiba, Kurashiki, and Fukuyama. The move aims to cut fixed costs and boost annual profit by ~¥10bn. Keihin will become an eastern Japan hub for plates/pipes. JFE will manage employee transfers carefully.

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