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United States

Nippon Steel & Sumitomo Metal Corp (5401.T)

5401.T on Tokyo Stock Exchange

2,408JPY
10:29pm EDT
Change (% chg)

¥32 (+1.33%)
Prev Close
¥2,376
Open
¥2,396
Day's High
¥2,416
Day's Low
¥2,371
Volume
2,184,100
Avg. Vol
3,204,077
52-wk High
¥3,132
52-wk Low
¥2,064

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Mon, May 21 2018

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Japan's Nippon Steel says solid demand mutes impact of U.S. duties

TOKYO Strong global demand has helped cushion the impact on Nippon Steel & Sumitomo Metal Corp of new U.S. import duties, but Japan's top steelmaker remains worried Washington's trade barriers could lead to a glut in Asia, a much bigger market for the company.

UPDATE 2-Japan's top steelmakers post jumps in annual profits on higher product prices

* Nippon Steel FY17/18 profit up 71 pct, JFE profit jumps 155 pct

Nippon Steel aims to boost FY18/19 crude steel output by 3-6 pct

TOKYO, April 26 Nippon Steel & Sumitomo Metal Corp, Japan's biggest steelmaker, aims to boost crude steel output by 3 to 6 percent in the year through March 2019 from the previous year, when system trouble and typhoons caused slow production, its executive said on Thursday.

BRIEF-Amtek Auto Signs SPA With Nippon Steel And Sumimoto Metal

* SAYS SIGNS SHARE PURCHASE AGREEMENT WITH NIPPON STEEL AND SUMIMOTO METAL CORP

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