Toyota|$17.53 (¥2,828)+1.25%▲ (in JPY terms)
Sony|$24.35 (¥3,928)+1.50%▲ (in JPY terms)
SoftBank|$31.99 (¥5,161)-0.75%▼ (in JPY terms)
MUFG|$22.67 (¥3,658)+1.39%▲ (in JPY terms)
Keyence|$514.20 (¥82,960)+0.99%▲ (in JPY terms)
Nintendo|$55.74 (¥8,993)+3.04%▲ (in JPY terms)
NTT|$1.05 (¥169)+0.24%▲ (in JPY terms)
Takeda|$35.95 (¥5,800)-0.15%▼ (in JPY terms)
Tokyo Electron|$348.53 (¥56,230)+0.41%▲ (in JPY terms)
Recruit|$110.33 (¥17,800)+4.89%▲ (in JPY terms)
ITOCHU|$13.12 (¥2,117)+0.55%▲ (in JPY terms)
Honda|$10.55 (¥1,703)+2.41%▲ (in JPY terms)
Shin-Etsu|$37.20 (¥6,001)+0.13%▲ (in JPY terms)
Tokio Marine|$47.68 (¥7,693)+0.84%▲ (in JPY terms)
Fast Retailing|$441.68 (¥71,260)+0.06%▲ (in JPY terms)
Toyota|$17.53 (¥2,828)+1.25%▲ (in JPY terms)
Sony|$24.35 (¥3,928)+1.50%▲ (in JPY terms)
SoftBank|$31.99 (¥5,161)-0.75%▼ (in JPY terms)
MUFG|$22.67 (¥3,658)+1.39%▲ (in JPY terms)
Keyence|$514.20 (¥82,960)+0.99%▲ (in JPY terms)
Nintendo|$55.74 (¥8,993)+3.04%▲ (in JPY terms)
NTT|$1.05 (¥169)+0.24%▲ (in JPY terms)
Takeda|$35.95 (¥5,800)-0.15%▼ (in JPY terms)
Tokyo Electron|$348.53 (¥56,230)+0.41%▲ (in JPY terms)
Recruit|$110.33 (¥17,800)+4.89%▲ (in JPY terms)
ITOCHU|$13.12 (¥2,117)+0.55%▲ (in JPY terms)
Honda|$10.55 (¥1,703)+2.41%▲ (in JPY terms)
Shin-Etsu|$37.20 (¥6,001)+0.13%▲ (in JPY terms)
Tokio Marine|$47.68 (¥7,693)+0.84%▲ (in JPY terms)
Fast Retailing|$441.68 (¥71,260)+0.06%▲ (in JPY terms)
Nikkei Industry Sector

Steel

Overview

Japan's steel sector includes some of Asia's largest and most technically advanced integrated steelmakers, producing high-grade steel for automotive, shipbuilding, construction, and manufacturing applications. Japanese steel companies are particularly renowned for high-tensile and specialty steel grades requiring sophisticated metallurgical expertise.

Current Trend

Decarbonization is the defining challenge and opportunity. Companies are investing in hydrogen-based direct reduction steelmaking and electric arc furnace technology to reduce carbon intensity—supported by government funding through the Green Innovation Fund. Overseas strategic partnerships and domestic consolidation are also accelerating to improve scale and competitiveness.

Today's Avg. Price Change
+0.75% 3 stocks

Simple average of constituent stock price changes vs. previous close. Not a sector index.

Updated: 2026-08-28 (JST)
Position in Japan

Japanese steelmakers occupy a premium tier in the global steel market, differentiating on product quality and technical specifications rather than competing on cost with lower-cost Asian producers. The sector is a fundamental supplier to Japan's automotive and manufacturing industries, and downstream demand patterns heavily influence sector performance.

Latest Press Releases
29
Aug
NIPPON STEEL CORPORATION JP3381000003
2026-08-28 NIPPON STEEL CORPORATION “Regarding the conclusion of the contract concerning the sale of the former Setouchi Steelworks Kure District site on August 28, 2026 [PDF: 141KB].”
28
Aug
JFE Holdings,Inc. JP3386030005
2026-08-27 JFE Holdings,Inc. “August 27, 2026: JFE Steel's research and development of CO2 transport line pipe materials has been selected for a joint technology development grant program between the Nippon Foundation and DeepStar, in which major oil companies participate.”
28
Aug
JFE Holdings,Inc. JP3386030005
2026-08-27 JFE Holdings,Inc. “August 27, 2026: JFE Engineering's "iGomi™" project, the first domestic collection, transportation, and resource recovery service utilizing an AI-powered lithium-ion battery recovery device, has been selected for a demonstration project by the Ministry of the Environment. The project will collaborate with Kanagawa Prefecture and four cities within the prefecture to prevent serious fires caused by lithium-ion batteries.”
27
Aug
JFE Holdings,Inc. JP3386030005
2026-08-26 JFE Holdings,Inc. “August 26, 2026: JFE Engineering completes Japan's first domestically produced "monopile" foundation for offshore wind power generation. A commemorative ceremony was held at the Kasaoka Monopile Plant, the only manufacturing base in Japan.”
26
Aug
JFE Holdings,Inc. JP3386030005
2026-08-25 JFE Holdings,Inc. “On August 25, 2026, JFE Steel announced the first adoption of "smarTABH®," a beam end welding method for built H-shaped steel that combines construction rationalization with superior seismic performance, in "TORANOGATE."”
26
Aug
JFE Holdings,Inc. JP3386030005
2026-08-25 JFE Holdings,Inc. “August 25, 2026: JFE Holdings, JFE, GLP Japan, and Kawasaki City will collaborate to launch a project to create an advanced logistics hub using next-generation refrigeration and freezing capabilities – a significant step forward in land use transformation in the Ogishima area.”
26
Aug
NIPPON STEEL CORPORATION JP3381000003
2026-08-25 NIPPON STEEL CORPORATION “August 25, 2026 Business Management: Support for areas affected by the 2026 Kumamoto Earthquake [PDF: 129KB].”
25
Aug
JFE Holdings,Inc. JP3386030005
2026-08-24 JFE Holdings,Inc. “On August 24, 2026, JFE Steel signed a business outsourcing agreement with JOGMEC for an "Advanced CCS Project," aiming to establish Japan's largest CCS base at the Mizushima Industrial Complex.”
22
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-21 Kobe Steel,Ltd. “On August 21, 2026, our company was selected for NEDO's "Advanced Technology Development and Demonstration Project for Building a Hydrogen Society Model" (Takasago).”
22
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-21 Kobe Steel,Ltd. “On August 21, 2026, our company was selected for NEDO's "Advanced Technology Development and Demonstration Project for Building a Hydrogen Society Model" (Moka).”
21
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-20 Kobe Steel,Ltd. “August 20, 2026 Corporate Information Sustainability GPIF will continue to be selected as a constituent stock of all domestic stock ESG investment indices.”
21
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-20 Kobe Steel,Ltd. “August 20, 2026 Corporate Information Sustainability GPIF will continue to be selected as a constituent of all domestic stock ESG investment indices.”
20
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-19 Kobe Steel,Ltd. “August 19, 2026: Corporate Information – Regarding the conclusion of a capital and business alliance agreement with Senshin Robotics Co., Ltd.”
18
Aug
JFE Holdings,Inc. JP3386030005
2026-08-17 JFE Holdings,Inc. “August 17, 2026: JFE Engineering selected for NEDO's "Demonstration Research on Next-Generation Floating Offshore Wind Power Generation Systems (Development of Next-Generation Technologies to Promote the Introduction of Floating Offshore Wind Power Generation)" project – Development of pin coupling technology and grout bonding technology to be introduced into modular floating structures.”
06
Aug
JFE Holdings,Inc. JP3386030005
2026-08-05 JFE Holdings,Inc. “August 5, 2026: JFE Holdings Announces Revisions to Earnings Forecast and Dividend Forecast.”
06
Aug
JFE Holdings,Inc. JP3386030005
2026-08-05 JFE Holdings,Inc. “August 5, 2026: JFE Holdings Financial Results for the First Quarter of the Fiscal Year Ending March 2027 [IFRS] (Consolidated).”
06
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-05 Kobe Steel,Ltd. “On August 5, 2026, we posted the "Financial Results for the First Quarter of the Fiscal Year Ending March 2027" to shareholders and investors.”
05
Aug
Kobe Steel,Ltd. JP3289800009
2026-08-04 Kobe Steel,Ltd. “August 4, 2026 Steel and Aluminum Company Information Sustainability Development of Practical Application for Upgraded Aluminum Recycling [PDF: 287 KB].”
05
Aug
NIPPON STEEL CORPORATION JP3381000003
2026-08-04 NIPPON STEEL CORPORATION “August 4, 2026 Product/Technology Sustainability: Nippon Steel's GX Steel "NSCarbolex Neutral" has been selected for a green steel trial project commissioned by the Ministry of Land, Infrastructure, Transport and Tourism.”
01
Aug
JFE Holdings,Inc. JP3386030005
2026-07-31 JFE Holdings,Inc. “July 31, 2026: JFE Steel successfully prototyped reduced iron using green hydrogen—a first in Japan—contributing to CO2 emission reduction in the steel industry.”
1 2 3 8