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NV Bekaert SA vs NIPPON STEEL: why the prices moved differently

Weekly · monthly · quarterly news summaries, side by side in time

NV Bekaert SA (0OQJ.LSE)

Q3 2026
▲2

Bekaert returns cash via buybacks as H1 holds steady and it exits a weak plant

  • Buyback keeps shrinking the share count Bekaert kept buying its own shares through the summer, cancelling them so each remaining share owns a bigger slice of the company. That steady demand supports the price, though the amounts are modest and spread over weeks.

    The recurring buyback is the main ongoing force lifting the shares this period.

  • First-half results: flat sales, solid margin, softer profit Sales were flat and the 8.3% operating margin stayed healthy, with 4% more volume from tire cord. But profit fell 10% and cash flow was squeezed by the Bridgestone plant purchases, so the market got reassurance rather than a boost.

    The half-year report is the period's key fundamental update on earnings and cash.

  • Sardinia exit trims a loss-making tire cord site Bekaert agreed to hand its Macchiareddu tire cord plant to Nuova Icom, with workers re-employed and the deal closing around October. It removes a site whose production was no longer viable, a small step toward a leaner, more profitable footprint.

    This is the period's only structural portfolio move and shapes the longer-term cost base.

August 2026
▲2

Bekaert returns cash via buybacks as H1 holds steady and it exits a weak plant

  • Buyback keeps shrinking the share count Bekaert kept buying its own shares through the summer, cancelling them so each remaining share owns a bigger slice of the company. That steady demand supports the price, though the amounts are modest and spread over weeks.

    The recurring buyback is the main ongoing force lifting the shares this period.

  • First-half results: flat sales, solid margin, softer profit Sales were flat and the 8.3% operating margin stayed healthy, with 4% more volume from tire cord. But profit fell 10% and cash flow was squeezed by the Bridgestone plant purchases, so the market got reassurance rather than a boost.

    The half-year report is the period's key fundamental update on earnings and cash.

  • Sardinia exit trims a loss-making tire cord site Bekaert agreed to hand its Macchiareddu tire cord plant to Nuova Icom, with workers re-employed and the deal closing around October. It removes a site whose production was no longer viable, a small step toward a leaner, more profitable footprint.

    This is the period's only structural portfolio move and shapes the longer-term cost base.

Latest
▲2

Bekaert returns cash via buybacks as H1 holds steady and it exits a weak plant

  • Buyback keeps shrinking the share count Bekaert kept buying its own shares through the summer, cancelling them so each remaining share owns a bigger slice of the company. That steady demand supports the price, though the amounts are modest and spread over weeks.

    The recurring buyback is the main ongoing force lifting the shares this period.

  • First-half results: flat sales, solid margin, softer profit Sales were flat and the 8.3% operating margin stayed healthy, with 4% more volume from tire cord. But profit fell 10% and cash flow was squeezed by the Bridgestone plant purchases, so the market got reassurance rather than a boost.

    The half-year report is the period's key fundamental update on earnings and cash.

  • Sardinia exit trims a loss-making tire cord site Bekaert agreed to hand its Macchiareddu tire cord plant to Nuova Icom, with workers re-employed and the deal closing around October. It removes a site whose production was no longer viable, a small step toward a leaner, more profitable footprint.

    This is the period's only structural portfolio move and shapes the longer-term cost base.

NIPPON STEEL CORP. (5401.JP)

Q3 2026
▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

  • US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.

    This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.

  • Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.

    This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.

  • Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.

    This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.

  • US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.

    This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.

August 2026
▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

  • US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.

    This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.

  • Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.

    This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.

  • Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.

    This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.

  • US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.

    This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.

Latest
▲3▼1

US Steel turnaround lifts profit forecast; Toyota price hike adds domestic boost

  • US Steel drives profit swing and forecast raise Nippon Steel swung to a 7.52 billion yen net profit in April–June, helped by US Steel, and raised its full-year net profit forecast by 70 billion yen to 290 billion yen. US Steel is now the group's top earner, with its operating profit outlook lifted to 180 billion yen or more. This directly boosts expected earnings and supports the share price.

    This is the core new financial event that changes the company's earnings outlook and is the main reason the stock is moving.

  • Toyota agrees to first steel price hike in four years Toyota and Nippon Steel agreed to raise steel prices by about 12,000 yen per ton from October, the first increase in four years. Because Toyota's price deal sets a benchmark for other industries, this signals better domestic pricing power and higher revenue ahead, lifting profit expectations.

    This is a new pricing event that directly improves Nippon Steel's domestic revenue and profitability outlook.

  • Defense Ministry buys former Kure steel site Nippon Steel signed a contract to sell its former Setouchi Works site in Kure, about 140 hectares, to Japan's Defense Ministry for a multi-purpose defense base. The land sale brings in cash and removes an idle asset, strengthening the balance sheet and funding other priorities.

    This is a new asset sale that improves capital efficiency and provides a one-time cash inflow.

  • US tariffs remain a risk to US Steel investment Nippon Steel's chairman called new U.S. tariffs unreasonable and a major blow to global manufacturing, noting they affect the company's over 2 trillion yen investment in US Steel. While the tariffs are not new, they remain a real counterweight that could pressure US Steel's earnings and the overall profit recovery.

    This is the main negative force that could offset the positive US Steel earnings story and is important for a fair picture.