Kobe Steel Ltd (5406.T)
24 Apr 2017
* Kobe steel will ramp up construction machinery production in south carolina to prepare for increase in infrastructure projects
NEW DELHI Steel Authority of India Ltd is in talks with Japan's Nippon Steel & Sumitomo Metal Corp and Kobe Steel Ltd for potential technical agreements to help the firm expand its global footprint, SAIL's chairman told Reuters.
TOKYO Nippon Steel & Sumitomo Metal Corp posted a plunge in profits for the six months to September, but the top steelmaker of Japan defied estimates by retaining its annual outlook at a time when higher raw material costs have led to a cut by others.
* Nippon Steel expects to pass on surging coal costs to customers