Brief: Jef Holdings Executive - We Sell Seamless And Line Pipes To The Middle East, But They Account For A Small Portion Of Our Total Sales Volume
08/05/2026 07:04
May 8 (Reuters) - JFE Holdings Inc 5411.T: JEF HOLDINGS EXECUTIVE: WE SELL SEAMLESS AND LINE PIPES TO THE MIDDLE EAST, BUT THEY ACCOUNT FOR A SMALL PORTION OF OUR TOTAL SALES VOLUME JEF HOLDINGS EXECUTIVE: ALTHOUGH JAPANESE CARMAKERS ARE CUTTING PRODUCTION DUE TO THE MIDDLE EAST CRISIS, THIS HAS NOT HAD A SIGNIFICANT IMPACT ON OUR STEEL SALES SO FAR JEF HOLDINGS EXECUTIVE: IF CRUDE OIL PRICES IN FY2026 RISE TO $100 PER BARREL FROM THE ASSUMED MID-$60 RANGE, OUR MONTHLY COSTS FOR ENERGY AND OTHER MATERIALS ARE EXPECTED TO INCREASE BY 10 BILLION YEN JEF HOLDINGS EXECUTIVE: WE PLAN TO PASS ON THE IMPACT OF RISING COSTS TO RETAIL PRICES AS SOON AS POSSIBLE Source text: [ID:] Further company coverage: 5411.T (Reporting by Satoshi Sugiyama) ((Satoshi.Sugiyama@thomsonreuters.com;))
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Brief: Jef Holdings Executive - We Sell Seamless And Line Pipes To The Middle East, But They Account For A Small Portion Of Our Total Sales Volume
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