Tag: Tokyo steel Steel production

Japan: Tokyo Steel posts increased profits on higher crude steel output

Jul 26, 2021

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by

Deepika Singh

in Melting Scrap

Japanese steel major, Tokyo Steel Manufacturing Co. Ltd. has announced its non-consolidated financial results for Q2 CY’21 today. The company’s quarterly net profit is at JPY 3.7 billion, up 16% on yearly basis. Crude steel production rose by 41% y-o-y to 0.76 mn t. The company’s steel sales increased by 12% y-o-y to 0.633 mn…