Japan’s second biggest steel-maker JFE Holdings net sales in the crude steel business rose to 34.27 million tons on strong demand from domestic manufacturing and exports of high-end products. Net sales in the engineering business gained to 31.42 billion yen as sales to the private sector improved.
The company will disclose the results forecast as soon as possible, but did not anticipate being able to do so until the publication of accounts for the first quarter,” observed the company in a statement.