Nippon Steel planning 1.35trn yen Japan capex in FY2015-2017

03 Mar, 2015

TOKYO: Nippon Steel & Sumitomo Metal Corp said on Tuesday that it is planning about 1.35 trillion yen ($11 billion) in capital expenditures in Japan over the three years through fiscal 2017.

Nippon Steel, the world's second-biggest steelmaker by crude steel output, issued the target under its new midterm business plan.

Copyright Reuters, 2015

Read Comments