Nippon Steel, JFE to beat earnings forecasts-paper

TOKYO, Feb 23 (Reuters) - Nippon Steel Corp. , the world's second-biggest steel maker, will likely post a 6 percent rise in recurring profit to a record, beating its own forecast of a 4 percent decline, the Nikkei business daily reported on Friday.

The paper said JFE Holdings Inc. is also likely to report a better profit than it has forecast, and the two companies as well as Kobe Steel Ltd. are seen raising their dividend payments. Japanese steel makers have seen solid demand ...