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Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

2,510JPY
28 Apr 2017
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¥2,510
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Fri, Apr 28 2017

Nippon Steel FY profit falls 13 pct, hurt by surging coal prices

TOKYO, April 28 Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, said on Friday its recurring profit slid 13 percent for the year ended March as higher prices for coking coal, a vital steelmaking ingredient, bit into profit margins.

Nippon Steel plans to raise product prices by 5,000 yen/T in Apr-Sept

TOKYO Nippon Steel & Sumitomo Metal Corp plans to raise prices of its steel products by about 5,000 yen per tonne in the April-September half to reflect rising costs of materials and distribution, its president said on Friday.

Nippon Steel expects China steel prices to hold firm this year

TOKYO Nippon Steel & Sumitomo Metal, Japan's biggest steelmaker, expects steel prices in top consumer China to hold firm at least until its Communist Party congress late this year, amid solid demand that is underpinning coking coal and iron ore markets.

Nippon Steel executive: Worries over U.S. protectionism 'growing every day'

TOKYO Worries over U.S. President Donald Trump's protectionist policies are "growing every day", a senior executive at Nippon Steel & Sumitomo Metal Corp said, however, any impact on its U.S. steel exports would be limited.

UPDATE 2-Nippon Steel exec: Worries over U.S. protectionism "growing every day"

* Oita plant fire to reduce FY16/17 profit by total 20 bln yen

Nippon Steel mulls discussing exit clause for Brazil's Usiminas

SAO PAULO Nippon Steel & Sumitomo Metal Corp does not rule out discussing with partner Ternium SA an amendment of an existing shareholder accord giving them the possibility of exiting Brazilian steelmaker Usinas Siderúrugicas de Minas Gerais SA, a senior executive with the Japanese company said on Tuesday.

Nippon Steel mulls discussing exit clause for Brazil's Usiminas

SAO PAULO, Jan 17 Nippon Steel & Sumitomo Metal Corp does not rule out discussing with partner Ternium SA an amendment of an existing shareholder accord giving them the possibility of exiting Brazilian steelmaker Usinas Siderúrugicas de Minas Gerais SA, a senior executive with the Japanese company said on Tuesday. (Reporting by Alberto Alerigi Jr; Writing by Guillermo Parra-Bernal; Editing by Chizu Nomiyama)

Nippon Steel president sees coking coal price holding near $285 per ton

TOKYO Coking coal prices are expected to stay at high levels of around $285 per ton for a while, Nippon Steel & Sumitomo Metal Corp President Kosei Shindo said on Friday.

Nippon Steel agrees with Glencore, Teck on 43 percent rise in first quarter coking coal

TOKYO Japan's biggest steelmaker Nippon Steel said on Tuesday it has agreed with Glencore Plc and Teck Resources Ltd on a coking coal price for first quarter of 2017 supplies that is 43 percent higher than the previous quarter.

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