31
Jul
12:50
NSSMC expects firm demand to drive profits
Japan’s Nippon Steel and Sumitomo Metal Corporation (NSSMC) saw steady output in the first quarter of its financial year starting April 2017 while profits surged. It now expects firm demand in the current quarter, led by Japanese automotive companies, Kallanish notes.
NSSMC’s consolidated crude steel production over the quarter was up 0.27% year-on-year at 11.44 million tonnes, while its steel shipments were down 0.26% at 9.34m t. The company&rs…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
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