07
Feb
07:32
Nippon Steel’s quarterly production and profit diverge
In the December quarter 2023, or the third quarter of Nippon Steel’s fiscal year 2023 (FY23), the company’s production and revenue rose but sales and profits declined, Kallanish learns.
During the quarter, Nippon’s non-consolidated production grew 9.9% quarter-on-quarter and 2.9% year-on-year to 8.84 million tonnes. Consolidated output totalled 10.26mt, rising 2.4% q-o-q and 2.2% y-o-y.
Sales volume decreased 1.9% on-quarter and 0.4% on-year to …
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Anonymous
Very good overview of the weekly steel market.
Anonymous