U. S. Steel and JFE Steel to Exchange Technical Expertise
01/23/2008 - United States Steel and JFE Steel enter into a technical exchange agreement to share expertise in steelmaking practices, benchmarking, and other areas of mutual interest.
United States Steel Corp. and JFE Steel Corp. have entered into a technical exchange agreement to share expertise in the general areas of steelmaking practices, benchmarking, and other areas of mutual interest.
The program will be managed by each company's research and technology organizations. It will include periodic meetings, cooperative technical-exchange programs, and plant visits in North America, Europe, and Japan.
“Today's global steel industry faces many challenges, including competition from alternate materials, environmental responsibility, and rising energy and raw materials costs,” commented U. S. Steel Executive Vice President and COO John H. Goodish. “U. S. Steel and JFE are leaders in independent steelmaking research and technology. By sharing our expertise in a variety of steelmaking areas, we will each become more globally competitive and enhance the sustainability of steel—the raw material of modern society."
This exchange is expected to help both U. S. Steel and JFE to improve productivity, promote efficiency, and bring better steel products to the market at lower costs.
