Tag: #nonconsolidated
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Global steel majors report mixed trends in crude steel production in Jan-Mar’26
ArcelorMittal’s crude steel production drops 10% y-o-y, Nippon Steel’s surges 40% Nippon Steel, JFE, POSCO report lower profits amid weak steel demand, rising costs Global steelmakers reported mixed production trends and weaker profitability in January-March 2026 as subdued steel demand, elevated raw material costs, and continued pressure from low-priced Chinese exports weighed on earnings. However,…