|  | 04/28/2008 |
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Nippon Steel Targets Over 100 billion yen Cost Down
Nippon Steel's vice president Kiichiroh Masuda said on Friday the firm targets more than 100 billion yen of cost cutting mainly for upper stream operations for fiscal 2008 started April compared with 35 billion yen in fiscal 2007. The firm launches special task force for the cost cutting to review the cost for raw materials and operations. The firm tries to deal with unprecedented higher raw materials cost through the across the board effort while the firm secures profitability to pass more than 1 trillion yen of higher cost for raw materials, energy and freight by increasing the steel selling price by around 30,000 yen per tonne.
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 | Nippon Steel Targets Over 100 billion yen Cost Down
| | South Korean Steel Makers Stop Japanese Scrap Purchasing
| | Osaka Steel to Develop Export Market
| | Japan Stainless Plate Price in Strong Tone around Tokyo
| | Firm Ferrous Scrap Price in Tokyo
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