Three major steel makers have revised their final profits upward for this year, saying that demand for steel products will continue to recover due to the normalization of economic activities from the Corona disaster. bottom.

By the 5th, Nippon Steel, JFE Holdings, and Kobe Steel's three major steel companies announced the financial results of the entire group for the six months from April to September.



As a result, demand for steel products for the manufacturing industry such as automobiles recovered along with the normalization of economic activities from the Corona disaster, and the price of steel materials increased against the backdrop of rising prices of raw materials such as coal and iron ore. It means that it was done.


As a result, the final profits and losses of all three companies turned from a deficit in the same period of the previous year to a surplus.



In addition, regarding the business outlook for the current fiscal year up to March next year, all three companies have revised their final profits upward, saying that the recovery trend of steel demand will continue.


Nippon Steel has revised it from 370 billion yen to 520 billion yen, JFE Holdings has revised it from 240 billion yen to 250 billion yen, and Kobe Steel has revised it from 40 billion yen to 50 billion yen.



Masafumi Terahata, Vice President of JFE Holdings, said at an online press conference on the 5th, "We anticipate a temporary downturn in production activities due to semiconductor shortages, etc. I'm expecting it. "