Nippon Steel to lift capacity engagement to 80% in Oct-Mar

The company, thus, has raised its crude steel output target over FY20 (April 2020-March 2021) to 37.2 million tonnes on consolidated basis, or 2.5% higher than the original projection on August 4 but still about 21% lower on year, according to the release. “The recovery in demand from the domestic auto sector has been faster than