JFE Steel sees 600,000-ton production impact from Chiba weather damage
JFE Steel sees 600,000-ton production impact from Chiba weather damage TOKYO, Sept 25 (Reuters) - Japan's No.2 steelmaker JFE Steel said on Friday crude steel output at its plant in Chiba near Tokyo is expected to fall by about 600,000 metric tons due to damage from heavy rain in August and a recent typhoon, with the impact expected to be prolonged.
Some equipment at the Chiba plant was flooded by the typhoon after being damaged by heavy rain in August, JFE Steel, a unit of JFE Holdings 5411.T, said
No injuries were reported. The blast furnace remains in the process of returning to normal operations following the August flooding
The estimated production impact could change depending on the progress of recovery work, and JFE Steel is still assessing the impact on production and earnings, it said
The Chiba plant produced 3.59 million tons of crude steel in fiscal 2025, which ended in March, according to a company spokesperson. JFE Steel's total crude steel output was 21.37 million tons in fiscal 2025
Deliveries of some products have been delayed, and JFE is coordinating with customers to minimise the impact on supplies
(Reporting by Yuka Obayashi; Editing by Jan Harvey)
((Yuka.Obayashi@thomsonreuters.com; +813-4520-1265;))