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Kobe Steel Ltd (5406.T)

5406.T on Tokyo Stock Exchange

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24 Apr 2019
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Tue, Oct 30 2018

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Japan's JFE, Kobe Steel cut profit outlook on glitches, higher costs

TOKYO Japanese steelmakers JFE Holdings and Kobe Steel cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.

Japan's JFE, Kobe Steel cut profit outlook on glitches, higher costs

* JFE trims annual profit estimate by 10 bln yen to 250 bln yen

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