# JFE Steel to build new continuous caster at Kurashiki works for JPY 40 billion

JFE Steel decided to install a new continuous caster at its West Japan Works (Kurashiki area) with a total investment of approximately JPY 40 billion. The caster will have an annual capacity of about 2 million tons and is scheduled to start operation in the second half of fiscal 2020.

- Type: Expansion
- Announced: 2017-12-01
- Where: Kurashiki, Japan, Japan
- Value: $355.0M (40.0B JPY)
- Starts operating: Q4 2020
- Status: announced
- Capacity: 2 million tons per year
- Products: continuous caster
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [JFE Steel Corporation](https://endata.com/companies/19688.md)

## Sources

- [jfe-steel.co.jp](https://www.jfe-steel.co.jp/release/2017/12/171214.html), 2017-12-01: "西日本製鉄所（倉敷地区）の連続鋳造機の新設を決定しました。総投資額は、約400億円です。"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.