Tag: Japan Tokyo steel

Japan: Tokyo Steel’s profits hit an all-time high in Apr-Sep’22

Oct 27, 2022

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by

Anshuman

in Melting Scrap

Japan’s major EAF steelmaker Tokyo Steel achieved all-time high profits in April-September 2022 despite rising energy and steel scrap prices, as per a SteelDaily report. The steelmaker reported sales of JPY 178.4 billion, higher by 54% from the corresponding period last year (CPLY). Operating profit increased by 87.4% to JPY 20.6 billion which is the…