Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  Tokyo Steel Manufacturing Co.,Ltd.    5423   JP3579800008

TOKYO STEEL MANUFACTURING CO.,LTD.

(5423)
  Report
End-of-day quote. End-of-day quote Tokyo Stock Exchange - 01/20
662 JPY   +0.91%
01/17Tokyo Steel to keep product prices steady in February
RE
2020Tokyo Steel to raise product prices for January by up to 16%
RE
2020Tokyo Steel to raise product prices for December by up to 3.3%
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Tokyo Steel to raise product prices for December by up to 3.3%

11/16/2020 | 06:14pm EST

TOKYO, Nov 17 (Reuters) - Tokyo Steel Manufacturing Co Ltd , Japan's top electric-arc furnace steelmaker, said it would raise prices in December for all its steel products by 2,000 yen ($19) a tonne, or 2.2% to 3.3%, to meet tighter overseas markets and firmer demand at home.

The company kept prices steady this month for all its steel products, including its main H-shaped beams.

For December, prices for steel bars, including rebar, will be hiked by 3.3% to 63,000 yen ($603) a tonne, while prices of U-shaped steel sheet piles will be increased by 2.2% to 95,000 yen a tonne. Prices of H-shaped beams will go up by 2.5% to 83,000 yen a tonne.

Overseas markets are expected to stay tight because of strong demand in top buyer China, with U.S. steelmakers' operating rates also recovering, while domestic demand is improving and local inventories are declining, the company said in a statement.

Tokyo Steel's pricing is closely watched by Asian rivals such as South Korea's Posco and Hyundai Steel , and China's Baoshan Iron & Steel Co Ltd (Baosteel) . ($1 = 104.5600 yen) (Reporting by Yuka Obayashi; Editing by Peter Cooney)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
BAOSHAN IRON & STEEL CO., LTD. 9.82% 6.82 End-of-day quote.14.62%
HYUNDAI CORPORATION 0.58% 17250 End-of-day quote.8.15%
HYUNDAI MOTOR COMPANY -0.96% 259000 End-of-day quote.34.90%
HYUNDAI STEEL COMPANY 1.32% 46000 End-of-day quote.16.16%
POSCO 0.37% 272000 End-of-day quote.0.00%
TOKYO STEEL MANUFACTURING CO.,LTD. 0.91% 662 End-of-day quote.-0.90%
All news about TOKYO STEEL MANUFACTURING CO.,LTD.
01/17Tokyo Steel to keep product prices steady in February
RE
2020Tokyo Steel to raise product prices for January by up to 16%
RE
2020Tokyo Steel to raise product prices for December by up to 3.3%
RE
2020Tokyo Steel to keep product prices steady in November
RE
2020TOKYO STEEL MANUFACTURING CO.,LTD. : Ex-dividend day for interim dividend
FA
2020Tokyo Steel to raise product prices in October by 2.2%-3.4%
RE
2020Tokyo Steel to keep product prices steady in September
RE
2020Tokyo Steel to freeze product prices in August after hike in July
RE
2020TOKYO STEEL MANUFACTURING CO.,LTD. : Ex-dividend day for final dividend
FA
2020TOKYO STEEL MANUFACTURING : boosts FY profit forecast on cheaper scrap prices
RE
More news
Financials
Sales 2021 143 B 1 384 M 1 384 M
Net income 2021 6 451 M 62,4 M 62,4 M
Net cash 2021 68 715 M 664 M 664 M
P/E ratio 2021 12,7x
Yield 2021 2,40%
Capitalization 79 940 M 772 M 773 M
EV / Sales 2021 0,08x
EV / Sales 2022 0,04x
Nbr of Employees 989
Free-Float 44,1%
Chart TOKYO STEEL MANUFACTURING CO.,LTD.
Duration : Period :
Tokyo Steel Manufacturing Co.,Ltd. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TOKYO STEEL MANUFACTURING CO.,LTD.
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 662,00 
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers and Directors
NameTitle
Toshikazu Nishimoto President & Representative Director
Kiyoshi Imamura Managing Director & General Manager-Sales
Toshio Adachi Director
Nobuaki Nara Director & Manager-General Affairs
Tatsuhiko Matsumura Independent Outside Director
Sector and Competitors