10
May
11:00
Nippon Steel reports record-high profit
Despite the weaker recovery in steel demand in the second half of its financial year (FY221), Japan’s Nippon Steel reported record-high profit for the year ended on 31 March 2022, Kallanish learns from the company’s releases on Tuesday.
In FY21, the company’s consolidated pig iron and crude steel output rose 16% and 18% year-on-year to 38.41 million tonnes and 44.46mt. Meanwhile, 35.56mt of steel materials were sold, of which 42% was exporte…
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Anonymous
Very good overview of the weekly steel market.
Anonymous