02
Nov
08:55
Nippon raises full-year forecasts on surging performance
Japan’s Nippon Steel has raised its financial forecasts for the fiscal year ending 31 March 2022 (FY22) from its previous release on 3 August. The revised forecasts are subject to the improvement of steel prices and the uptrend in group company earnings in FY22, Kallanish notes.
Full-year revenue expectations have been lifted to JPY 6.7 trillion ($58.96 billion) on a consolidated basis, 3.1% higher than the previous guideline. Even with l…
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Anonymous
Very good overview of the weekly steel market.
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