• Kyodo

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Nippon Steel & Sumitomo Metal Corp. said Wednesday it will halt operations of blast furnace and production lines at its four iron mills in Japan as part of efforts to streamline its business.

Nippon Steel plans to close one of three furnaces at its mainstay iron mill in Chiba Prefecture by March 2016, and halt operations of 14 production lines at iron mills in four prefectures — Ibaraki, Chiba, Aichi and Wakayama.

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