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 from auto ...

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