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NIPPON STEEL ( (JP:5401) ) has provided an announcement.
Nippon Steel Corporation has announced its 2030 Medium- to Long-term Management Plan, aiming to enhance its position as a top steelmaker globally. The plan addresses the anticipated growth in steel demand driven by emerging markets and domestic manufacturing in the U.S., while also considering challenges such as global oversupply and trade tensions. The company has improved its breakeven point through restructuring and strategic investments, including expanding its capacity in promising markets like India and the U.S., establishing a profit structure that ensures significant business profits in various economic conditions.
The most recent analyst rating on (JP:5401) stock is a Hold with a Yen655.00 price target. To see the full list of analyst forecasts on NIPPON STEEL stock, see the JP:5401 Stock Forecast page.
More about NIPPON STEEL
Nippon Steel Corporation is a leading company in the steel industry, focusing on producing high-grade steel products. The company aims to be the best steelmaker with world-leading capabilities, contributing to a sustainable and prosperous society.
Average Trading Volume: 21,869,108
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen3323.5B
Find detailed analytics on 5401 stock on TipRanks’ Stock Analysis page.