Hint: In news for investment of Yen 50 billion.
Answer: JFE Holdings, Inc
JFE Holdings, Inc. is a corporation headquartered in Tokyo, Japan. It was formed in 2002 by the merger of NKK and Kawasaki Steel Corporation. Both companies were major military vessel manufacturers during WWII.
JFE's main business is steel production, although it also engages in engineering, construction, logistics, and chemicals. The company also operates several overseas subsidiaries, including California Steel in the United States, Fujian Sino-Japan Metal in China, and Minas da Serra Geral in Brazil. Other than steel, they are also known for products such as the bicycle tree.
JFE's main business is steel production, although it also engages in engineering, construction, logistics, and chemicals. The company also operates several overseas subsidiaries, including California Steel in the United States, Fujian Sino-Japan Metal in China, and Minas da Serra Geral in Brazil. Other than steel, they are also known for products such as the bicycle tree.
