Steel Paring
Output Cutsends Jfe Shares Tumbling
Output cutsends JFE shares tumbling
JFE Holdings Inc, the world’s third-largest steel maker, led declines among steel makers in Tokyo trading yesterday as it announced a cut in production due to falling demand.
The shares tumbled 5.7 percent to 2,335 yen (US$25.8) on the Tokyo Stock Exchange, the second-largest drop in Japan’s [...]
