TOKYO, Jan 28 (Reuters) - Japan's Nippon Steel Corp , the world's No.4 steelmaker, returned to profit in the nine months to December, but cut its full-year profit outlook by 12 percent after floods in Australia forced it to buy costlier coal on the spot market.
Nippon Steel, which supplies Japan's big manufacturers such as Toyota Motor Corp and Panasonic Corp , now sees 220 billion yen ($2.65 ...
Sign in to access
this Article
"Nippon Steel cuts outlook, Aussie flood ups coal cost" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
