Hilco Industrial, a global specialist in industrial asset sales and advisory, has partnered with SEALS Co, Ltd to oversee the sale of several major steel production lines from JFE Steel Corporation in Japan. The agreement marks a key step in JFE’s restructuring of its EAST JAPAN Works at Keihin, Ohgishima, and Mizue-Kawasaki.
As part of a strategic collaboration, Hilco Industrial and SEALS Co, Ltd will jointly manage the global sale of critical steel manufacturing equipment previously operated by JFE Steel. The offering includes a wide hot strip mill, two continuous galvanizing lines (No. 2 and No. 3) with integrated skin-pass mills, a coil preparation line, and a combined pickling line and tandem cold mill.
These assets present a rare opportunity for steel producers to access high-capacity, well-maintained machinery suitable for expanding or upgrading their operations. With JFE Steel undertaking a reconfiguration of its East Japan operations, these production lines are now available to the international market.
Previously supporting high-volume manufacturing, this equipment is ideal for steelmakers seeking to enhance their production capabilities, improve efficiency, or modernize existing facilities. The availability of such robust and specialized machinery is uncommon, adding significant value for prospective buyers.
“We’re pleased to be working alongside SEALS Co, Ltd and JFE Steel to bring these essential assets to market,” said Michael Bouland, Executive Vice President at Hilco Industrial. “This sale represents a valuable chance for steel manufacturers to secure world-class equipment that is ready to support high-performance operations.” His remarks underscore the strategic importance of the sale to global steel manufacturers.
Mr Murayama, Director at SEALS Co., Ltd, echoed the sentiment, stating, “Our collaboration with Hilco is a vital move in supporting the evolving needs of the steel industry. We aim to ensure a smooth and valuable acquisition process for buyers worldwide.”
SEALS and Hilco are committed to offering a transparent, well-coordinated sales process for international buyers, enhancing access to these high-demand assets. The equipment lineup features Galvanizing Lines No. 2 and 3, both designed for corrosion-resistant steel production and equipped with advanced air knife wiping, robust furnaces, and skin-pass mills.
The Coil Preparation Line includes shearing, trimming, straightening, and welding functions essential for downstream processes. The 2,300 mm-wide Hot Strip Mill enables precision hot rolling across a wide range of steel grades. Rounding out the offering is the Pickling Line and 5-stand Tandem Cold Mill, which produces high-quality cold-rolled steel suitable for demanding industrial applications.
Hilco Industrial, a Hilco Global company, is a leading provider of industrial asset disposition services. With extensive experience across industries and a worldwide network, Hilco Industrial helps companies maximize asset value through efficient sales and advisory solutions.
Hilco Global is a diversified financial services group recognized for its expertise in unlocking value from business assets. Its services span asset valuation, monetization, advisory, and capital solutions, delivered through its global network of specialized operating companies.
