Tokyo steel didn’t accept export contract in level of under FOB 650 dollers for Hot coil and under FOB 750 dollers for H-beam looking at ferrous scrap price situation and high yen. The firm keeps the export-style placed emphasis on the profit. In total of Tokyo steel, the firm planned to produce 260,000-270,000 tonnes in July, but it is more likely to underrun the plan.
- H-beam Export Price Continues to Drop (Jul.05,2012)
- Nisshin Steel Forecasts 94.6% Y/Y Recurring Profit Decrease in F2011 (Feb.06,2012)
- Sumitomo Metals Forecasts 61.5% Y/Y Profit Increase in F2011 (Feb.03,2012)
- Nisshin Steel Forecasts 30% Y/Y Higher Recurring Profit for F2011 (Aug.01,2011)
- Tokyo Steel Posts First Profit in 8 Quarters (Jul.25,2011)