Previous Close | 9.15 |
Open | 9.15 |
Bid | 5.40 |
Ask | 10.00 |
Strike | 55.00 |
Expire Date | 2025-01-17 |
Day's Range | 9.15 - 9.15 |
Contract Range | N/A |
Volume | |
Open Interest | 2 |
Nippon Steel, Japan's biggest steelmaker, on Thursday beat estimates, but posted a 20.8% decline in net profit for the year ended in March to 549.4 billion yen ($3.53 billion) because of losses on inactive facilities. Nippon Steel had been expected to post a net profit of 464.6 billion yen, according to a LSEG poll of analysts. For the year ending in March 2025, Nippon Steel forecasts a net profit of 300 billion yen because of continuing losses on inactive facilities, and as it expects domestic and overseas steel demand to stay low.
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Steel producers Nucor and Cliffs introduce weekly and monthly HRC pricing, aiming for market transparency and potential influence on indexes.