JFE Holdings Inc (5411.T)
Latest Key Developments (Source: Significant Developments)
JFE Executive Says It Plans About 28 Million Tonnes Of Crude Steel Output For FY2018/19 On Parent Basis, Down From Its Earlier Target Of 29 Million Tonnes
Oct 30 (Reuters) - JFE Holdings Inc <5411.T>::JFE EXECUTIVE SAYS IT PLANS ABOUT 28 MILLION TONNES OF CRUDE STEEL OUTPUT FOR FY2018/19 ON PARENT BASIS, DOWN FROM ITS EARLIER TARGET OF 29 MILLION TONNES.JFE EXECUTIVE SAYS RECENT TROUBLE IN ITS STEEL PLANT IN WESTERN JAPAN WILL CUT COMPANY'S ANNUAL CRUDE STEEL OUTPUT BY 400,000 TONNES.JFE EXECUTIVE SAYS ONE OF ITS THREE BLAST FURNACES IN WESTERN JAPAN HAS BEEN SHUT SINCE OCT 23 DUE TO TROUBLE, EXPECTS TO RESUME OPERATION IN NOVEMBER. Full Article
July 20(Reuters) - JFE Holdings Inc <5411.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" -R&I.Rating outlook changes to positive from stable -R&I. Full Article
Oct 31 (Reuters) - Nikkei::JFE Holdings' unit JFE Steel to establish Myanmar production center for high-grade steel sheet in 2020; expects to invest about $88.4 million. Full Article
TOKYO, Nov 30 Japan's Nikkei was flat on Friday morning as investors braced for the results of the weekend meeting between the leaders of the United States and China, while the steel sector was dragged down by a brokerage's downgrade.