NISTF - Nippon Steel Corporation

Other OTC - Other OTC Delayed Price. Currency in USD
0.00 (0.00%)
At close: 1:51PM EST
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Previous Close14.91
BidN/A x N/A
AskN/A x N/A
Day's Range14.91 - 14.91
52 Week Range13.58 - 18.76
Avg. Volume1,743
Market Cap13.653B
Beta (3Y Monthly)1.37
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.19 (1.24%)
Ex-Dividend Date2019-09-27
1y Target EstN/A
  • Reuters

    Nippon Steel to bolster overseas business, focus on India

    Japan's Nippon Steel Corp, is set to bolster overseas operations, especially in fast-growing India, to bypass growing nationalism and capitalize on growth abroad as it faces shrinking demand at home. "India is the fastest-growing market in the world and our investment on Essar's operations will be our key project for this year," said Nippon Steel's new president, Eiji Hashimoto. Creditors of Essar Steel India approved a joint offer by ArcelorMittal and Nippon Steel for the debt-laden asset in October, and the two have drawn up plans to double output of the unit in coming years.

  • Reuters

    Nippon Steel aims for output near 11 million tonnes a quarter for 2019-20

    Japan's top steelmaker Nippon Steel & Sumitomo Metal aims to boost crude steel output to nearly 11 million tonnes a quarter in the year from April 1, after system troubles cut production and its profit outlook this year, a senior executive said. "We should be able to produce 11 million tonnes of crude steel a quarter, but actual output has been falling short of it in the past few years," Nippon Steel Executive Vice President Katsuhiro Miyamoto told Reuters in an interview on Friday. The average of estimated quarterly output for the financial year ending on March 31 comes in at 10.3 million tonnes.

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