|  | 05/10/2010 |
|
Japan Major 6 Special Steel Makers Post Mixed Results in F2009
Japanese 6 major special steel makers posted mixed results for fiscal 2009 ended March 2010 by May 7. Hitachi Metals and Aichi Steel returned to profitability in the bottom line while Mitsubishi Steel Mfg. got into the red and other 3 makers posted wider loss. Hitachi Metals and Aichi Steel secured operating profit by minimizing the sales volume decrease and cutting cost. Other 4 makers posted operating loss due to major drop in sales volume and price. They expect higher sales volume and price in fiscal 2010. Hitachi Metals expects higher net profit and Aichi Steel forecasts lower net profit under higher raw materials cost while other 4 makers try to regain profitability.
 |
 
 | Japan Major 6 Special Steel Makers Post Mixed Results in F2009
| | Marubeni Itochu Steel Expands Steel Sheet Business in Emerging Countries
| | Kyoyei Opens New Scrap Yard with Private Quay in Hyogo, Japan
| | Sumitomo Corp Enhances Steel Sheet Processing in Malaysia
| | Japan H-beam Export Increases by 89% in Fiscal 2009
|
|
|
 |
