Japanese steel company Nippon Steel has announced the signing of a contract with the Japanese Ministry of Defense for the sale of the site of its former Setouchi Works plant in Kure, Hiroshima Prefecture.
Nippon Steel closed all production facilities in September 2023 in the Kure area and subsequently began full-scale dismantling and removal of facilities and equipment of the facility after 72 years of operation due to falling domestic demand. demand,as previously reported SteelOrbis.
At the same time, the company was developing plans for the speedy and comprehensive use of the site, taking into account its area of about 1.4 million m2 and allocated berths.
The final contract was signed in August. 2026
In July 2025, Nippon Steel and the Ministry of Defense reached an agreement on the main terms of the deal and continued negotiations regarding the sale. In August, both sides signed a final contract on 28, 2026.
Nippon Steel stated that it will continue its efforts to ensure safety, environmental protection, disaster prevention and compliance with applicable laws and regulations in the surrounding areas, while preparing for the early use of the first Resources on the Kure site.
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