TOKYO (Reuters) – Japan’s No.2 steelmaker, JFE Holdings Inc, expects its parent-only crude steel output to be around 26 million tonnes in the financial year just started, against 25.88 million tonnes a year earlier, Masashi Terahata, JFE Holdings’ executive vice president, said on Friday.
The company is seeking to raise its product prices by around 30,000 yen ($230) a tonne to reflect soaring raw materials and shipping costs, Terahata told a news conference.
($1 = 130.5000 yen)
(Reporting by Yuka Obayashi. Editing by Jane Merriman)
