12
Aug
10:34
Pacific Metals revises up guidance on high shipments
Benefiting from the recovery of stainless steel production at home and abroad, Pacific Metals, Japan's biggest ferronickel producer, achieved higher shipments in the April-June quarter. The company successfully turned losses in the same period last year to profits this year.
Sales revenue surged by 97.6% year-on-year to JPY 11.28 billion ($102 million) in the given quarter. Net profits stood at JPY 1.13 billion, compared to losses of JPY 448 million in the cor…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous