30
Oct
00:00
NSSMC sees stable results despite Nagoya accidents
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) has posted net profit of Yen 112.25 billion ($1.03bn) on sales of Yen 2.78 trillion for the first half of its fiscal 2014 (April-September). The two values are down 2.9% and up 3.9% year-on-year respectively, Kallanish observes.
The company’s net income was Yen 27.25bn higher however than its forecast issued in July, despite several accidents at a coking plant at its Nagoya steelworks th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous