Toyota|$17.53 (¥2,828)+1.25%▲ (in JPY terms)
Sony|$21.22 (¥3,423)+1.00%▲ (in JPY terms)
SoftBank|$36.43 (¥5,878)-7.58%▼ (in JPY terms)
MUFG|$22.62 (¥3,650)-1.27%▼ (in JPY terms)
Keyence|$459.60 (¥74,150)-3.22%▼ (in JPY terms)
Nintendo|$43.75 (¥7,058)+0.63%▲ (in JPY terms)
NTT|$0.94 (¥151)+0.60%▲ (in JPY terms)
Takeda|$33.21 (¥5,358)+1.32%▲ (in JPY terms)
Tokyo Electron|$432.39 (¥69,760)-6.03%▼ (in JPY terms)
Recruit|$78.31 (¥12,635)+0.44%▲ (in JPY terms)
ITOCHU|$11.93 (¥1,924)-0.62%▼ (in JPY terms)
Honda|$9.56 (¥1,543)+2.08%▲ (in JPY terms)
Shin-Etsu|$45.27 (¥7,304)-5.02%▼ (in JPY terms)
Tokio Marine|$48.10 (¥7,760)-0.15%▼ (in JPY terms)
Fast Retailing|$485.01 (¥78,250)-0.74%▼ (in JPY terms)
Toyota|$17.53 (¥2,828)+1.25%▲ (in JPY terms)
Sony|$21.22 (¥3,423)+1.00%▲ (in JPY terms)
SoftBank|$36.43 (¥5,878)-7.58%▼ (in JPY terms)
MUFG|$22.62 (¥3,650)-1.27%▼ (in JPY terms)
Keyence|$459.60 (¥74,150)-3.22%▼ (in JPY terms)
Nintendo|$43.75 (¥7,058)+0.63%▲ (in JPY terms)
NTT|$0.94 (¥151)+0.60%▲ (in JPY terms)
Takeda|$33.21 (¥5,358)+1.32%▲ (in JPY terms)
Tokyo Electron|$432.39 (¥69,760)-6.03%▼ (in JPY terms)
Recruit|$78.31 (¥12,635)+0.44%▲ (in JPY terms)
ITOCHU|$11.93 (¥1,924)-0.62%▼ (in JPY terms)
Honda|$9.56 (¥1,543)+2.08%▲ (in JPY terms)
Shin-Etsu|$45.27 (¥7,304)-5.02%▼ (in JPY terms)
Tokio Marine|$48.10 (¥7,760)-0.15%▼ (in JPY terms)
Fast Retailing|$485.01 (¥78,250)-0.74%▼ (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
+2.52% 3 stocks

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

Updated: 2026-07-14 (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
09
May
JFE Holdings,Inc. JP3386030005
2026-05-08 JFE Holdings,Inc. “May 8, 2026: JFE Holdings Financial Results for the Fiscal Year Ending March 2026 [IFRS] (Consolidated).”
08
May
NIPPON STEEL CORPORATION JP3381000003
2026-05-07 NIPPON STEEL CORPORATION “Products & Technology will be exhibited at Japan Truck Show 2026 on May 7, 2026.”
01
May
JFE Holdings,Inc. JP3386030005
2026-04-30 JFE Holdings,Inc. “April 30, 2026: Regarding the commencement of operations and completion ceremony of the electric furnace at the No. 4 steelmaking plant of JFE Steel East Japan Works (Chiba area).”
01
May
NIPPON STEEL CORPORATION JP3381000003
2026-04-30 NIPPON STEEL CORPORATION “On April 30, 2026, US Steel decided to invest in direct reduced iron production equipment for an electric furnace minimill [PDF: 160KB].”
29
Apr
Kobe Steel,Ltd. JP3289800009
2026-04-28 Kobe Steel,Ltd. “April 28, 2026, Steel and Aluminum Company Information: Sustainability – Regarding participation in corrosion verification of liquefied CO₂ transport ship tank steel materials under the Ministry of the Environment's "Environmentally Friendly CCUS Demonstration Base and Supply Chain Construction Project".”
28
Apr
JFE Holdings,Inc. JP3386030005
2026-04-27 JFE Holdings,Inc. “April 27, 2026: JFE Steel and Amazon Web Services sign a memorandum of understanding toward realizing a sustainable society.”
28
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-27 NIPPON STEEL CORPORATION “Notice Regarding Differences Between the Full-Year Individual Performance Values of IR Subsidiaries and the Previous Year's Results [PDF: 187KB], dated April 27, 2026.”
28
Apr
JFE Holdings,Inc. JP3386030005
2026-04-27 JFE Holdings,Inc. “April 27, 2026: Regarding the inauguration ceremony for the new joint venture company "JSW JFE Steel Limited" between JFE Steel and JSW Steel.”
25
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-24 NIPPON STEEL CORPORATION “On April 24, 2026, Nippon Steel released a video on its official YouTube channel in collaboration with "QuizKnock," a media outlet that combines entertainment and knowledge, run primarily by quiz champion Takuji Izawa.”
25
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-24 NIPPON STEEL CORPORATION “Personnel changes for executives, effective April 24, 2026 [PDF: 63KB].”
25
Apr
Kobe Steel,Ltd. JP3289800009
2026-04-24 Kobe Steel,Ltd. “April 24, 2026: Joint study on large-scale CCS for the steelmaking and thermal power generation sectors in the Kansai area of the steel and aluminum industry.”
24
Apr
JFE Holdings,Inc. JP3386030005
2026-04-23 JFE Holdings,Inc. “On April 23, 2026, JFE Steel received the "2026 Steel Sustainability Champion" award from the World Steel Association.”
24
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-23 NIPPON STEEL CORPORATION “April 23, 2026 Product and Technology Sustainability: Nippon Steel obtains additional "SuMPO EPD" environmental labeling program certification for its hot-blown steel.”
24
Apr
JFE Holdings,Inc. JP3386030005
2026-04-23 JFE Holdings,Inc. “Regarding the postponement of the final agreement signing concerning the integration of the aqua pipeline business with JFE Engineering Tsukishima Holdings Co., Ltd. and Tsukishima JFE Aqua Solutions Co., Ltd., effective April 23, 2026.”
14
Apr
JFE Holdings,Inc. JP3386030005
2026-04-13 JFE Holdings,Inc. “April 13, 2026: JFE Holdings JFE 21st Century Foundation announces call for applications for the "2026 University Research Grant".”
11
Apr
JFE Holdings,Inc. JP3386030005
2026-04-10 JFE Holdings,Inc. “April 10, 2026: JFE Engineering invests in and participates in a waste-to-energy project in the Republic of India – a first for the domestic construction and engineering industry! Entry into the rapidly growing Indian waste treatment market.”
09
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-08 NIPPON STEEL CORPORATION “April 8, 2026 – Products & Technology: Nagoya Steel Works – Commencement of Hot Rolling Testing of Next-Generation Hot Rolling Line.”
08
Apr
JFE Holdings,Inc. JP3386030005
2026-04-07 JFE Holdings,Inc. “April 7, 2026: JFE Steel receives the Minister of Education, Culture, Sports, Science and Technology Award (Development Division) in the field of science and technology for fiscal year 2026 – for the development of a new calculation formula for fracture toughness CTOD that contributes to ISO international standards.”
08
Apr
NIPPON STEEL CORPORATION JP3381000003
2026-04-07 NIPPON STEEL CORPORATION “April 7, 2026: Product/Technology Development of Extra-Thick 140mm Steel Plate for Wind Power Generation – Performance Evaluation by the Ministry of Economy, Trade and Industry Completed, Responding to the Increased Size of Offshore Wind Power in Japan.”
07
Apr
JFE Holdings,Inc. JP3386030005
2026-04-06 JFE Holdings,Inc. “April 6, 2026: JFE Holdings signs a basic agreement on a joint venture integrating power generation and data center businesses in the Keihin Ogishima area.”