Tag: Japan: JFE Steel reports 9% y-o-y drop in crude steel production in Q1FY’24

JFE Steel, Japan’s second largest steel producer, has announced its operational and financial results for the first quarter of fiscal year 2023 (Q1’FY25) on 5 August, 2024. Crude steel output: Standalone crude steel output dropped by 9% y-o-y in Q1FY’24 to 5.48 million tonnes (mnt) as against 6.05 mnt in Q1FY’23. Moreover, on q-o-q basis…