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EU President Vows 'Firm And Proportionate Countermeasures' After Trump Imposes Steel, Aluminum Tariffs
Stock News Premium = Dark clouds over offshore Wind Power, while the presence of solar and geothermal energy is increasing.
The offshore wind power generation, which is expected to be a trump card for renewable Energy, is facing increasing uncertainty. Major projects like those handled by Mitsubishi Corporation <8058.T> have been forced to incur impairment losses, and delays in business plans have also been revealed. Amidst this, there is a renewed interest in Photovoltaic Technology and geothermal power as providers of power supply for decarbonization and Artificial Intelligence (AI). <Due to rising material costs and construction costs, bidding has been sluggish> Mitsubishi Corporation recorded an impairment of 52.2 billion yen in the offshore wind power business for the current March period.
Daido Steel's Nine-Month Profit Slides 19%
Daido Steel Co. Reports Financial Performance for 2024
Daido Steel: Earnings Conference for the 3rd quarter of the fiscal year ending March 31, 2025
Daido Steel: Summary of financial results for the 3rd quarter of the fiscal year ending March 31, 2025 [IFRS] (consolidated)