22
Apr
02:52
Japan's UEX sees profit decline year-to-date
Japanese stainless steelmaker UEX has released its results for the first three quarters of its financial year (April-December 2019). Its operations were hit by falling domestic demand from construction and machinery manufacturing, Kallanish notes.
UEX itself saw stainless steel prices increase 0.7% year-on-year, but its sales volume declined by -6.4% on-year. In August 2019, UEX merged two subsidiaries however, so on a consolidated basis, stainless …
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Anonymous
Very good overview of the weekly steel market.
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