8th World Antimony Forum

TBD
Guiyang, Guizhou, China

12th Rare Earth Summit

TBD
Hangzhou, Zhejiang, China

11th Aluminum Raw Materials Summit

TBD
Hangzhou, Zhejiang, China

9th Magnesium Summit

TBD
Hangzhou, Zhejiang, China

13th World InBiGeGa Forum

TBD
Hangzhou, Zhejiang, China

7th World Antimony Forum

June 13-14, 2019
Changsha, Hunan, China

7th Refractory & Abrasive Materials Summit 2019

May 23-24, 2019
Qingdao, Shandong, China

10th Aluminum Raw Materials Summit

May 16-17, 2019
Zhengzhou, Henan, China

11th Rare Earth Summit

May 9-10, 2019
Qingdao, Shandong, China

8th Magnesium Summit

April 11-12, 2019
Zhuhai, Guangdong, China

12th World InBiGeGa Forum

March 14-15, 2019
Zhuhai, Guangdong, China

JFE executive: FY19/20 steel segment profit to dip to the lowest since 2002

2019-11-13 10:46:51   【Print】
JFE Holdings Inc expects profits from its steel segment will fall to zero in the year to March 2020 (FY19/20), the lowest since its establishment in 2002, due to slumping Asian markets and weaker local demand, Executive Vice President Masashi Terahata said on Tuesday.

Japan's second-biggest steelmaker slashed its full-year net profit forecast by 63% to 33 billion yen ($302 million) after reporting a 71% plunge in its April to September profit.

In light of faltering earnings, JFE will trim its three-year capital expenditure plan of 1 trillion yen to March 2021 by 100 billion yen and reduce assets by 150 billion yen through selling shares in other companies and lowering inventories, Terahata said.

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