06
May
12:15
JFE turns to annual profit
Japanese steelmaker JFE Holdings reports it returned to profit in the year ending March 2022, or the 2021 fiscal year (FY21).
The company's operating revenue increased by 35.3% from FY20 to JPY 4.36 trillion ($33.48 billion), with profit at JPY 289.79 billion. Higher steel demand and steel sales prices, as well as higher productivity and lower costs due to blast furnace repairs, contributed to the firm’s earnings, Kallanish learns fro…
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Anonymous
Very good overview of the weekly steel market.
Anonymous