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Nakayama Steel Works,Ltd. ( (JP:5408) ) has shared an announcement.
Nakayama Steel Works, Ltd. has entered into a memorandum of understanding with YODOKO, Ltd. to form a business alliance aimed at expanding the use of electric arc furnace steel products. This collaboration is expected to strengthen the companies’ competitive edge in the market by combining their strengths to address environmental issues and meet customer demands for sustainable steel products.
The most recent analyst rating on (JP:5408) stock is a Hold with a Yen603.00 price target. To see the full list of analyst forecasts on Nakayama Steel Works,Ltd. stock, see the JP:5408 Stock Forecast page.
More about Nakayama Steel Works,Ltd.
Nakayama Steel Works, Ltd. is a prominent player in the steel industry, focusing on the production of electric arc furnace steel plates. The company is committed to contributing to a carbon-neutral, recycling-oriented society by leveraging its expertise in blast furnaces and converters to enhance the applications of low CO2 emission steel products.
Average Trading Volume: 276,915
Technical Sentiment Signal: Sell
Current Market Cap: Yen31.07B
Find detailed analytics on 5408 stock on TipRanks’ Stock Analysis page.