03
Sep
11:26
Nippon Steel’s fiscal-year profit may top forecast
Due to rallying steel prices outside Japan and plunging iron ore prices, Nippon Steel believes its annual profit may beat the company’s latest forecast for the financial year ending March 2022 (FY21), executive vice president Takahiro Mori tells Reuters.
"Our overseas businesses have been outperforming our expectations in July and August,” Mori says in the interview monitored by Kallanish. Strong demand in the US was better than the firm…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous