Japan JFE is one of the world's large steel enterprise groups and one of the few companies in the world that produces sedan outer panels. As a by-product of steel smelting plants, coal tar can be widely used in asphalt, plastics, rubber, medicine, dyes, metallurgical auxiliary materials, chemical raw materials and other fields after processing. Business scope: semiconductor, steel, construction industry, urban construction, recycling, environmental protection, and technical research.

On September 27, 2002, JFE HOLDINGS was formed by the merger of Japanese Steel Pipe (NKK) and Kawasaki Ironmaking, and reappeared in a new look of JFE. In April 2003, two companies established a new system for better development and reorganization. The combined steel company's annual steel production is 25.17 million tons and annual sales reach more than 2500 billion yen. In terms of steel production and sales, it has approached and caught up with Japan's largest steel company New Japan Iron Manufacturing.

JFE Iron and Steel Co., Ltd. is a large steel company in Japan with an annual output of 27 million tons. It is one of the largest steel companies in the world. As Japan's second largest steel manufacturer, JFE also attaches great importance to the development and production of automotive steel plates. It can be said that long before the merger, Kawasaki Steel and NKK paid great attention to the global operation of automotive steel plates. Especially in the face of a sharp drop in the prices of ordinary steel, JFE Steel Company promptly adjusted its product structure. On the one hand, we will continue to reduce the output of low-value-added steel plates for construction, and on the other hand, we will try to increase the output of high-value-added products such as shipbuilding steel plates and galvanized plates for automobiles.

JFE Group plans to invest 31 billion yen to increase production of automotive steel plates in the next two years. Its development strategy in the field of automotive panels: technology development and cooperation, additional domestic equipment construction, joint venture factory construction and raw material substrate supply, etc.