The Japan TimesMay 13, 2025
Japan's three major steelmakers forecast their consolidated net profits will decline in fiscal 2025 because of the yen's appreciation and a market deterioration caused by overproduction in China, as well as tariffs. https://www.japantimes.co.jp/business/2025/05/13/companies/steelmakers-fall-expectation/?utm_medium=Social&utm_source=mastodon #business #companies #kobesteel #jfe #nipponsteel #steel #us #tariffs #donaldtrump
Three major Japan steelmakers say they expect profit falls in fiscal 2025

Overall net profit is expected to go down 42.9% from the previous year to ¥200 billion at Nippon Steel, 18.4% to ¥75 billion at JFE and 16.8% to ¥100 billion at Kobe Steel.

The Japan Times
The Japan TimesJun 12, 2023
Major Japanese steel manufacturers are speeding up technology development and investment in a push to decarbonize their operations. https://www.japantimes.co.jp/news/2023/06/12/business/steelmakers-decarbonization-push/?utm_content=buffer38bb5&utm_medium=social&utm_source=mastodon&utm_campaign=bffmstdn #news #business #carbon #emissions #nipponsteel #steel #kobesteel #jfe
Major Japanese steelmakers face high bar for decarbonization

Carbon dioxide emissions from the steel industry account for roughly 50% of the total from the domestic industry sector.

The Japan Times