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JFE Holdings Inc (5411.T)

5411.T on Tokyo Stock Exchange

2,497JPY
19 Sep 2018
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Thu, Aug 2 2018

Japan steelmakers shrug off U.S. tariffs in earnings but warn on automobile duties

* Nippon Steel Q1 profit dips 19 pct, sees increase for full-year

Japan's JFE: No major impact from U.S. duties on steel, but fears of 'Trump risk'

TOKYO JFE Holdings Inc, parent of Japan's No. 2 steelmaker, has seen no major impact on its exports so far from new U.S. import duties on steel, but still sees U.S. trade policy as the biggest risk for the Japanese economy, its president said.

Japan's JFE to spend $9 billion in three years, focus on plant upgrades

TOKYO JFE Holdings Inc, parent of Japan's second-biggest steelmaker, will spend 1 trillion yen ($9.1 billion) in the next three years mainly to upgrade ageing local mills but it also plans to step up overseas investment, its president said.

UPDATE 1-Japan's JFE to spend $9 bln in three years, focus on plant upgrades

* JFE targets 280 bln bln in average annual recurring profit (Recasts with total investment plan and quotes)

BRIEF-Jfe Exec Says Aims To Raise Steel Product Prices By 2,000 Yen Per Tonne In April-September

* JFE HOLDINGS SAYS PLANS A TOTAL OF 1 TRILLION YEN ($9.15 BILLION) INVESTMENT OVER NEXT 3 YEARS

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