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[Ferro-Alloys.com] Tokyo Steel, one of the major H beam manufacturers in Japan, has announced its combined sales revenue during April to June was ￥37.41 billion, reducing by 15.6% year on year.

The company’s operating profit increased by 7.5% to ￥4.185 billion in the same time. 

Tokyo Steel said the decreasing raw material costs were the main reason behind.

The company’s net profit also registered an increase of 5.6%, reaching ¥4.062 billion year on year.

• [Editor:Yueleilei]