JFE keeps outlook after posting 9-month loss

Newswire

TOKYO, Jan 28 (Reuters) - Japan's JFE Holdings Inc , the world's 6th-ranked steelmaker, fell into the red in the April-December period and stuck to an annual outlook that some say is conservative, hit by a slump in exports earlier in the year. JFE, which competes in Asia against Nippon Steel , China's Baoshan Steel and South Korea's POSCO , reported an April-December recurring profit/loss -- before tax and one-offs -- of 4.31 billion yen ($48 million) versus a 380.59 billion yen profit a ...

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