01
Feb
10:37
NSSMC doubles profits in first three quarters
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) saw ordinary profit double year-on-year in the first three quarters of its fiscal year ending March 2018. It expects to end the year with an output recovery driven by firm demand, Kallanish notes.
In the third quarter NSSMC produced 11.68 million tonnes of crude steel on a consolidated basis, roughly flat from 11.69mt the previous quarter. It plans to produce 12.4mt in the current quarter, bringin…
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Anonymous
Very good overview of the weekly steel market.
Anonymous