JFE saw a 44% decline in 2022/23 fiscal year net profit to 162.6
billion yen as its crude steel output fell to 25.5 million tonnes from 27.3
million tonnes a year before hit by weaker demand both in Japan and abroad amid
rising costs and A shortage of semiconductors essential to the auto sector
JFE saw a 44% decline in 2022/23 fiscal year net profit to 162.6 billion yen as its crude steel output fell to 25.5 million tonnes from 27.3 million tonnes a year before hit by weaker demand both in Japan and abroad amid rising costs and A shortage of semiconductors essential to the auto sector.
The average selling price increased to 130,800 yen per tonne, up from 103,700 yen a year earlier, the company said.