Author: Lalita
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Japan: JFE Steel Q2 crude steel output up 3% , shipments up 6%
Japan’s second largest steel producer, JFE Steel, announced its second quarter results for the fiscal year (FY)’21-22 (Apr’21-Mar’22). Highlights: Crude steel output: Standalone crude steel output increased by 3.2% q-o-q to 6.45 million tonnes (mn t) in Q2FY’21-22. In H1FY’21-22, the same stood at 12.70 ,mn t, slightly less compared to the company’s forecast of…