NIPPON STEEL Stainless Steel records year-on-year decline of 17% in steel shipments in FY2020
2021-07-14 11:40:30 [Print]
The performance report released by NIPPON STEEL Stainless Steel Corporation showed that its steel shipments in FY2020 (period ended 31 March, 2021) fell by about 17% from about 1
Affected by the pandemic, the steel shipments of the company in the first half of FY2020 slid by about 25% from 641,000 tons in the same period of the prior fiscal year to 478,000 tons. With rapid recovery of economic activities both at home and abroad, the company's steel shipments in the second half of FY2020 increased to 595,000 tons, slightly down by about 8 . 7% from the corresponding period of FY2019.
. 29 million tons in the previous fiscal year to about 1 . 07 million tons.
Affected by the pandemic, the steel shipments of the company in the first half of FY2020 slid by about 25% from 641,000 tons in the same period of the prior fiscal year to 478,000 tons. With rapid recovery of economic activities both at home and abroad, the company's steel shipments in the second half of FY2020 increased to 595,000 tons, slightly down by about 8 . 7% from the corresponding period of FY2019.