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Nippon Steel CFO: Our Business In Thailand Is Struggling As Margins Have Deteriorated Due To An Influx Of Chinese Steel

By Reuters News

Nov 5 (Reuters) - NIPPON STEEL CORPORATION 5401.T:

  • NIPPON STEEL CFO: STRENGTH OF U.S. STEEL MARKET IS DUE NOT ONLY TO IMPACT OF TARIFFS BUT ALSO TO STRENGTH OF U.S. ECONOMY

  • NIPPON STEEL CFO: OF $500 MILLION TARGET FOR OPERATIONAL SYNERGIES BY 2030, $300 MILLION HAS ALREADY BEEN ACHIEVED AHEAD OF SCHEDULE

  • NIPPON STEEL CFO: OUR BUSINESS IN THAILAND IS STRUGGLING AS MARGINS HAVE DETERIORATED DUE TO AN INFLUX OF CHINESE STEEL

Source text: [ID:]

Further company coverage: 5401.T

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