From this morning’s Nikkei in japan: Japan’s leading steelmakers seen lifting 9-month profit

Some of the points in the article:

  • Japan steelmakers, Nippon Steel & Sumitomo Metal and JFE Holdings, likely boosted group pretax profit for the April-December period 6% and 20% on the year
  • Growing domestic demand was the primary driving force
  • Sales of steel plates for the shipbuilding industry, which is regaining its global competitiveness thanks to the weak yen, have surged
  • Falling resource prices also worked in favor of the steelmakers

More at the link