Companies
Backing for JFE’s carbon-cutting electric furnace to offset private-sector loan risk
JFE Steel’s Kurashi works in Japan is the planned site of a new electric-arc furnace. (Photo by Tomoki Mera)
TOKYO — Japan plans to provide support for a low-emissions furnace at a steel subsidiary of JFE Holdings, guaranteeing up to 180 billion yen ($1.14 billion) in loans as part of a program for encouraging such investments, Nikkei has learned.