31
Oct
10:37
Lower output, sales hit Kobe Steel results
Japan’s Kobe Steel reported a slump in profit in the first half of its financial year, as technical issues and natural disasters impacted output and sales volumes. It meanwhile issued an update on its measures to prevent a repeat of the major certification fraud that was discovered to have taken place over several years, Kallanish notes.
Crude steel output fell -13.96% year-on-year in its financial first-half from April-September to 3.39 million …
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Anonymous
Very good overview of the weekly steel market.
Anonymous