CHICAGO, April 3 (Reuters) - JFE Steel Corp, the world's sixth-largest steel producer, plans to raise its crude-steel production by about 15 percent, the Wall Street Journal reported on Saturday, as it seeks to meet growing demand within Asia.
In an interview with the newspaper, the company's president, Eiji Hayashida, said the increase would return JFE's output to levels last seen before the global economic downturn.
Hayashida told the newspaper he was 'optimistic about demand overseas, with that in Asia, including China, India and Asean countries, expected to trend favorably.' Keywords: JFE/OUTPUT (Chicago Equities Desk; +1 312 408 8750) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
In an interview with the newspaper, the company's president, Eiji Hayashida, said the increase would return JFE's output to levels last seen before the global economic downturn.
Hayashida told the newspaper he was 'optimistic about demand overseas, with that in Asia, including China, India and Asean countries, expected to trend favorably.' Keywords: JFE/OUTPUT (Chicago Equities Desk; +1 312 408 8750) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.