TOKYO, July 30 (Reuters) - Nippon Steel Corp. posted a 21 percent gain in quarterly profit on higher prices, outweighing sharply higher depreciation and raw materials costs, and stood by its annual profit outlook of flat growth. The world's second-biggest steel maker, the biggest beneficiary of strong worldwide sales of Japanese cars, earned 148.7 billion yen ($1.26 billion) in pretax recurring profit before extraordinary items for April-June, compared with 123.08 billion a year ago. Its ...
Premium Content (PAID Subscription Required)
"Nippon Steel Q1 profit up 21 pct, keeps outlook" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642