Tag: Green Transformation

Nippon Steel is investing USD 6.05 billion to build and upgrade electric arc furnaces at three Japanese facilities to cut carbon emissions, supported by government subsidies. The project is part of Japan’s decarbonisation efforts under the Green Transformation Promotion Act, targeting full operation by FY 2028/2029.

Nippon Steel and JFE Steel have applied for Japanese government funding related to the Green Transformation promotion act