The two major steel companies have announced that they will return to the black for the first time in three years with regard to their earnings forecasts for this year.

Demand for steel, which had temporarily declined due to the effects of the new coronavirus, is expected to recover globally.

When the iron and steel two major companies depends on the earnings forecast for the year to next March announced 7 days, the final benefit of the entire group,


▽ Japan Steel is 240 billion yen,


▽ JFE Holdings 130 billion yen and prospects,


aligned It is expected to recover the surplus for the first time in three years.



Demand for steel temporarily declined due to the spread of the new coronavirus infection, but it is expected to recover globally this year, and the production of automobile manufacturers, which are our main customers, is also picking up.



Eiji Hashimoto, president of Nippon Steel, said at a press conference online, "In the re-spread of infection, personal consumption is greatly affected by the risk of contact between people, but the impact on the manufacturing industry is small. Steel demand will continue to decline. It's unlikely that it will swing. "