TOKYO: Japanese steelmakers are on track for a V-shaped annual profit recovery from the pandemic-induced slump, as solid global demand boosts prices while higher prices of iron ore and coking coal drive hefty inventory appraisal gains.
Japan's second-biggest steelmaker, JFE Holdings, on Thursday (Aug 12) n
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Global High Performance Alloys Market Demand and Key Players | 360-Degree Market Research Report – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.
Nippon Steel Corp plans to suspend operations at a blast furnace in eastern Japan in the coming years as part of efforts to improve profitability amid declining domestic demand, sources close to the matter said. Japan's largest steelmaker currently operates 14 blast furnaces across the country. One year ago, it…