Edition:
United Kingdom

Yuka Obayashi

UPDATE 1-Marubeni books record 9-month profit though one-off losses loom

07 Feb 2019

* April-Dec net profit grows 33 pct y/y to record 219.6 bln yen

Nippon Steel cuts full-year profit forecast by 6 percent on lower output

06 Feb 2019

TOKYO Japan's top steelmaker Nippon Steel & Sumitomo Metal Corp on Wednesday warned its annual profit would be 6 percent less than previously forecast, citing lower crude steel output for the financial year ending on March 31.

Trading house Mitsubishi maintains full-year profit forecast

05 Feb 2019

TOKYO Japan's biggest trading house Mitsubishi Corp on Tuesday posted a 6 percent rise in its April-December net profit thanks to higher income from energy operations, and stuck to its record profit forecast for the year despite one-off losses.

Japan's Mitsui trims FY profit outlook, to keep stake in Vale

01 Feb 2019

TOKYO, Feb 1 Mitsui & Co on Friday cut full-year profit forecast by 2 percent due to the absence of a dividend from Vale, but the Japanese trading house does not plan to change its holding in the Brazilian miner, a company executive said.

Tokyo Gas CEO says to step up overseas LNG investment

29 Jan 2019

TOKYO Japanese gas distributor Tokyo Gas will target investment in overseas infrastructure projects in liquefied natural gas (LNG) and renewable energy to boost its offshore earnings, its chief executive said.

Japanese refiners load first Iran oil cargo since U.S. sanctions

21 Jan 2019

TOKYO/LONDON Japanese refiners have loaded Iranian oil onto a tanker, resuming imports after halting purchases because of sanctions by the United States, a spokesman for a Japanese refinery and an Iranian official said on Monday.

UPDATE 1-Premiums for Japan aluminium imports in Q1 fall to 2-year low

11 Jan 2019

* Lower premiums reflect slumping spot premiums amid ample supply

Asia's Iran crude imports hit more than five-year low in November as sanctions bite

28 Dec 2018

SINGAPORE/TOKYO Imports of Iranian crude oil by major buyers in Asia hit their lowest in more than five years in November as U.S. sanctions on Iran's oil exports took effect last month, government and ship-tracking data showed.

UPDATE 1-Japan Jan-March crude steel output may fall on glitches at some mills - METI

27 Dec 2018

* Output to fall for 3rd quarter due to glitches at some furnaces

Marubeni sees Japan aluminum premiums at $100-$130 by late-2019

20 Dec 2018

TOKYO The premiums that Japanese buyers pay for aluminum are projected to rise toward a range of between $100 and $130 a ton later next year due to tighter global supplies despite an expected return of Rusal supplies, trading house Marubeni said.

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