TOKYO Japan's top steelmaker Nippon Steel Corp may close more blast furnaces as part of plans to reduce domestic facilities to cut costs, said a senior executive, as falling demand and lower Asian steel prices eat into its annual profit forecast.
ULSAN, South Korea/ICHIHARA, Japan At SK Energy's largest refinery in South Korea, engineers are rushing to complete a new processing unit ahead of schedule as the firm looks to boost sales of low-emission fuels before new marine fuel standards take effect in just one month.
TOKYO Japan's Tohoku Electric Power said on Wednesday it has won initial regulatory approval to restart a reactor at its Onagawa power plant, more than 8 years after it was damaged in the earthquake and tsunami that caused the Fukushima disaster.
* Drop reflects plant suspensions due to typhoon and fire
TOKYO The top three Japanese steelmakers reduced their annual profit forecasts this month as slumping steel prices in Asia eroded their export margins while slower auto demand overseas and falling usage in machinery at home forced them to cut output.
SINGAPORE/TOKYO About three years ago, Japanese oil trading firm Petro-Diamond Singapore (PDS) relocated to a bigger office in the 41-storey Millenia Tower as parent Mitsubishi Corp started combining its Tokyo trade operation with that in the city state.
TOKYO/SINGAPORE Mitsubishi Corp , Japan's biggest trading group, said on Wednesday it would shut its Singapore-based crude oil and fuel trading unit after revelations in September that a trader there racked up enormous unauthorised trading losses.
SINGAPORE/TOKYO, Nov 6 About three years ago,
Japanese oil trading firm Petro-Diamond Singapore (PDS)
relocated to a bigger office in the 41-storey Millenia Tower as
parent Mitsubishi Corp started combining its Tokyo
trade operation with that in the city state.
* Delayed construction projects slow output at electric-arc
(Recasts with quarterly data, comments and background)
* Producers come down from initial offers of $105-115/T
(Adds quotes and background)