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JFE Holdings Executive Koji Kakigi To Be New President
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
Gecoss to merge with wholly owned unit
JFE Holdings, Inc. is a Japan-based company mainly engaged in the planning of business strategy, the management of business and risk, as well as the presentation of group investor information. The Steel segment is engaged in the manufacture and sale of steel products, processed steel products and raw materials, as well as the delivery, facility maintenance and construction businesses. The Engineering segment is engaged in the engineering construction business related to energy, urban environment, recycling, steel structure and industrial machinery. The Trading segment provides steel products, welding materials, iron powder, steel processing products, steel raw materials and equipment, non-ferrous metal products and food, among others.
Iron & Steel
28F, Hibiya International Bldg.
President, Chief Executive Officer, Representative Director
Executive Vice President, Chief Financial Officer, Representative Director
President of Subsidiary, Representative Director
President of Subsidiary, Director
President of Subsidiary, Director
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Japanese steelmakers JFE Holdings <5411.T> and Kobe Steel <5406.T> cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.
* Nippon Steel Q1 profit dips 19 pct, sees increase for full-year
* JFE targets 280 bln bln in average annual recurring profit (Recasts with total investment plan and quotes)
JFE Holdings Inc, parent of Japan's second-biggest steelmaker, plans to spend more than 650 billion yen (£4.3 billion) over the next three years upgrading domestic production facilities in a bid to raise productivity and competitiveness.
Japan's JFE Holdings Inc and India's JSW Steel Ltd are lining up a joint bid with a private equity firm for the assets of India's insolvent Bhushan Steel Ltd, two industry sources familiar with the matter said.
* Nippon Steel forecasts 72 pct jump in annual profit, JFE 136 pct
JFE Holdings Inc, Japan's second-biggest steelmaker, aims to buy more coking coal outside of Australia to offset price risks for the steel ingredient that were made evident by a big cyclone in March, its president said on Wednesday.
* No change for now in plan to build a plant in Mexico (Adds executive comments)
JFE Holdings Inc, Japan's second-biggest steelmaker, said on Thursday it will increase output of crude steel in the year through March 2018 by 3 percent.
* President Trump has threatened to tear up NAFTA agreement (Adds quotes and analysts estimate)
* President Trump has threatened to tear up NAFTA agreement (Recasts on plans for Mexico plant, adds profit forecast)
* Nippon Steel expects to pass on surging coal costs to customers
Japan's second-biggest steelmaker JFE Holdings Inc halved its full-year profit forecast on Friday, blaming the recent surge in prices for coking coal.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.