Nobuyoshi Fujiwara Steel Quotations

Surging delivery prices of our steel products helped us more than offset the adverse impact of rising procurement costs.

Our cost structure is solid, and demand for high-quality sheet steel is good. We're in the process of breaking out of the industry's usual boom and bust cycle.

We had originally aimed to complete the latest inventory adjustments for common-grade steel by the end of March, but we now think we need to extend de-stocking efforts in the first quarter (to June).