Nippon Steel & Sumitomo Metal Corporation reported consolidated and non-consolidated production results for the first quarter of 2018. For the quarter, the consolidated company reported crude steel production of 26.08 million tons compared to 26.21 million tons a year ago. Pig iron production was 9.92 million tons compared to 10.49 million tons a year ago. Crude steel production was 11.44 million tons compared to 11.16 million tons for the last year.

For the quarter, the company reported non-consolidated production of 9.90 million tons compared to 10.58 million tons for the last year.

For the fiscal year 2018, the company expects capital expenditure of approximately JPY 450.0 billion and depreciation of approximately JPY 350.0 billion.

For the second quarter of 2018, The company forecasts crude steel production of approximately 26.29 million tons.

For the third quarter of 2018, The company forecasts crude steel production of approximately 52.37 million tons.