|  | 04/30/2010 |
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Japan Major 5 Steels Post Less Profitable Results for F2009
Japanese major 5 steel makers reported less profitable results for fiscal 2009 ended March 2010 than fiscal 2008 due to worldwide slow economy and lower sales volume and price. JFE Holdings, Nippon Steel and Kobe Steel secured consolidated recurring profit at 69.2 billion yen, 11.8 billion yen and 10.2 billion yen respectively while Sumitomo Metal Industries and Nisshin Steel posted recurring loss for the first time in 10 years for Sumitomo Metals and for 2 years in a row for Nisshin Steel.
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 | Japan Major 5 Steels Post Less Profitable Results for F2009
| | Nippon Steel Posts 96.5% Lower Recurring Profit by 96.5% in F2009
| | Sumitomo Metals Tries to Recover Recurring Profit in F2010
| | Kobe Steel's Consolidated Recurring Profit Drops by 83.1% in F2009
| | Nisshin Steel Posts Recurring Loss 2 Fiscal Years
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