22
Oct
11:59
Tokyo Steel raises full-year forecast again
Supported by strong financial results in the second fiscal quarter through September and a bullish outlook, Japanese electric arc furnace steel producer Tokyo Steel has again raised its full-year revenue and profit forecasts, Kallanish notes from the company’s earnings reports.
Tokyo Steel produced 671,000 tonnes of billet and 613,000t of finished steel in the quarter, each down about 12% from the prior quarter. Six-month output was 1.44 million t of bi…
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