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Iron and Steel News04/26/2010

Tokyo Steel Posts First Loss in 8 Years
Tokyo Steel posted 2.91 billion yen of recurring loss for fiscal 2009 ended March 2010, which was the first loss in 8 years. The firm suffered from lower margin and steel sales volume along with higher startup cost for Tahara plant. The firm expects 5.5 billion yen of recurring profit for fiscal 2010.


Today's Japan Metal Bulletin E-mail
Tokyo Steel Posts First Loss in 8 Years
METI Supports Offshore Strategy of Japan Steel Makers
POSCO to Raise Steel Product Prices in May to Reflect Material Cost Increase
Sumikin Bussan Invests in CSC's Coil Center in Vietnam
Sheet Price Increases around Tokyo

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