Author: Shruti Tripathi
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Japan: Tokyo Steel’s profit declines y-o-y in Q1FY’25 amid challenging market conditions
Margins narrow as steel prices drop more than scrap Capex rises due to CRC line modifications at Okayama Japan Metal Daily: Tokyo Steel has announced its non-consolidated financial results for the April-June period, revealing a significant decline in profits due to narrowing margins and a lower steel sales volume. The company’s ordinary profit fell by…