5401 Nippon Steel
- 3362.0
- +10.0+0.30%
Nippon Steel News
6/21 [Strength and Weakness of materials]
[Bullish/Bearish Materials] The Nikkei average rose (38633.02, +62.26), the NY Dow Jones Industrial Average also rose (39134.76, +299.90), and 1 USD = 158.90-00 JPY. The US crude oil futures rose (81.29, +0.58), and there are expectations for inflation to calm down in the United States. The Tokyo Stock Exchange requested companies to improve their corporate value. The Nasdaq Composite Index fell (17721.59, -140.64), the SOX index fell (5610.01, -155.11), and the VIX index rose (13.).
Although profit-taking is dominant, the firmness of the downside is also noted.
[Stock opening comments] The Japanese stock market seems to be in a strong stalemate on the 21st. On the 20th, the NY Dow rose 299 points, while the Nasdaq fell 140 points. The rise in interest rates due to the decrease in new unemployment insurance applications was offset by the slowing of the economy shown by housing starts and the Philadelphia Fed Index, supporting expectations of a Fed rate cut. Although the Nasdaq index hit an all-time high in the morning, it softened in the afternoon.
Express News | Shareholders advocating for their rights claim that the acquisition of United States Steel by Japan Steel Manufacturing will increase decarbonization costs.
Central Steel Sheet Research Memo (3): Accelerating Movement toward Decarbonization. Maintaining Solid Sales as the Only Electric Furnace Thick Plate Specialized Manufacturer.
■Business Environment The Japan Iron and Steel Federation, a company, has announced that the domestic crude steel production in FY 2023 showed a recovery trend for steel materials for automobiles, its major sales target, due to the resolution of semiconductors shortages, but the demand for construction-oriented materials weakened due to a delay in construction periods caused by a shortage of labor, and decreased by 1.1% compared to the previous year to 86,828 thousand tons, continuing to decline from the previous year. It has been below 100 million tons for five consecutive years. The production of thick plates manufactured by Chubu Steel Plate <5461> in calendar year 2023 decreased from the previous year.
Kura Sushi, Futura Corporation, etc. (additional) Rating.
Upgrade - Bullish code | Stock name | Securities company | Previous | Updated | ----- | -------------- | ---------- | ------------ | --------------| <6845> | Azbil | Mizuho | "Hold" | "Buy" | <9042> | Hankyu Hanshin | JPM | "Neutral" | "Underweight" | Downgrade - Bearish code
ADR Japanese stock ranking - Advantest and other general purchases are dominant, Chicago is 410 yen higher than Osaka, at 38,410 yen.
Japanese stocks of ADR (American Depositary Receipt) such as Advantest <6857>, Toyota Motor <7203>, Tokyo Electron <8035>, Mitsubishi UFJ Financial Group <8306>, Honda Motor <7267>, SoftBank Group <9984>, Hoya <7741>, etc. rose compared to the Tokyo Stock Exchange (converted at 1 dollar = 157.72 yen), and overall buying was dominant. The settlement value of Chicago Nikkei 225 futures was 38,410 yen, which is 410 yen higher than the Osaka daytime session. The US stock market is rising. The Dow Jones Industrial Average is up 188.94.
Express News | Nippon Steel - Received Orders, With Sumitomo Corp, for High-Alloy Seamless Octg to Construct Blue Ammonia That Qatarenergy Will Lead in Mesaieed Region
The order has been placed for the high alloy seamless oil well pipe for CCS used in the Qatar country/Blue Ammonia manufacturing plant construction project and the adoption of the green steel "NSCarbolex Neutral" has been decided.
Nippon Steel Corporation (hereinafter referred to as Nippon Steel) and Sumitomo Corporation (hereinafter referred to as Sumitomo) have jointly received an order for high-alloy seamless oil well pipes for CCS used in the Qatar / Blue Ammonia Manufacturing Plant Construction Project, and have decided to adopt green steel "NSCarbolex Neutral". Qatar Energy, the Qatar state-owned oil company, plans to use the products with business transactions on June 14, 2024.
J Front, Sojitz, etc. (additional) Rating
Upgrade - bullish code | Stock name | Securities company | Traditional | After change | ------ | ----------------- | ---------- | -------------- | --------- | <1860> | Toda Construction | Mizuho | "Under P" | "Hold" | <5233> | Pacific Cement | Mizuho | "Hold" | "Buy" | Downgrade - bearish code | Stock name
ADR Japanese stock rankings - Disco and other general buys are dominant, Chicago is 220 yen higher than Osaka at 39,170 yen.
Japanese stocks of American Depositary Receipts (ADRs), converted into 1 dollar at a rate of 156.62 yen compared to the Tokyo Stock Exchange, rose significantly, including Disco <6146>, Advantest <6857>, SoftBank Group <9984>, Tokyo Electron <8035>, Recruit HD <6098>, HOYA <7741>, Mitsubishi Corporation <8058>, etc., with a general buying trend. The settlement value of Chicago Nikkei 225 futures was 39,170 yen, up 220 yen from Osaka Day-Night comparison. The US stock market is mixed, with the Dow Jones Industrial Average down 35.21 dollars to 38,
Japanese Value Stocks With a Negative FX Beta - SG
TranTixxii, a titanium with a unique design, has been adopted for the roof and door decorations of the company's in-house shrine, contributing to the reduction of maintenance burden at the shrine in the coastal business site.
The original design titanium TranTixxii has been adopted for the roof and door decorations of the company's Shinto shrines, contributing to the reduction of maintenance burden in coastal office areas. On June 13, 2024, Japan Steel Corporation's original design titanium TranTixxii was used in the renovation of the Enmei Shrine on the premises of Japan Steel Corporation's Hiroshima Works, with the roof (made of green-blue colored titanium sheet) and door decorations.
Nippon Steel won the Japan Welding Society Award for Innovative Welding Invention.
Japan Steel Corporation has won the Japanese Welding Society Award "Welding Focus Invention Award" for its patent on tailored blanks of aluminum-plated hot stamping steel sheets in fiscal year 2023 (54th). This award is presented to inventors of patented inventions that are recognized as noteworthy for contributing to the development of industry and improvement of people's lives in the welding field.
Rating [security companies rating]
Upgrade - Bullish Code | Stock Name | Securities Company | Conventional | After change | ------ | --------------- | ------------ | ------------ | ---------------- | <9142> | JR Kyushu | SMBC Nikko | "3" | "2" | <5947> | Rinnai | SMBC Nikko | "3" | "
ADR Japanese stock ranking-Selling is dominant in general, including Shin-Etsu Chemicals, with Chicago at 38,905 yen, 275 yen cheaper than Osaka.
Japanese stocks of ADR (American Depositary Receipt), converted at a rate of $1 to 157.13 yen compared to the Tokyo Stock Exchange, including Shin-Etsu Chemical Industry <4063>, Daikin Industries <6367>, Denso <6902>, Daiichi Sankyo <4568>, Disco <6146>, Mitsubishi Estate <8802>, and Recruit HD <6098>, fell and overall selling was dominant. The settlement price of Chicago Nikkei 225 futures was 38,905 yen, down 275 yen from Osaka's day session. The US stock market is mixed. The Dow Jones Industrial Average fell 120.62 dollars to 3.
Express News | Japan Iron and Steel said that the workers of United States Steel reacted positively to the proposed acquisition.
List of converted stocks (Part 2) [List of converted stocks for Parabolic Signal]
Sell conversion stocks list Market Code Stock Name Closing SAR Tokyo Prime <1333> Maruha Nichiro 3181 3327<1433> Bestera 938 973<1663> K&O Energy 3690 4030<1719> Ando Hazama 1117 1149<1786> Oriental Shirakishi 34
Announcements of individual stocks regarding the determination of the issuance conditions of public hybrid corporate bonds (public inferior subordinated bonds with special terms and conditions).
Regarding company executives personnel.
ADR Japanese stock ranking ~ Almost all stocks including Yucho Bank are down, Chicago is down by 325 yen compared to Osaka, at 38,425 yen.
Japanese stocks of American Depositary Receipt (ADR) fell for almost all companies, including Yucho Bank <7182>, Renesas <6723>, Honda Motor <7267>, Fujifilm <4901>, Denso <6902>, Itochu <8001>, Advantest <6857>, etc., compared to the Tokyo Stock Exchange (converted at a rate of 1 dollar to 154.85 yen). The settlement price of Chicago Nikkei 225 futures was 38,425 yen, down 325 yen from Osaka during the day. The US stock market rose. The Dow Jones Industrial Average rose 140.26 dollars.
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