Profile
The TSE Iron & Steel Sector Index is one of the 33 sector indices in the Tokyo Stock Exchange's traditional industry classification system. This index represents companies in the iron and steel industry listed on the Tokyo Stock Exchange. The sector is characterized by a high number of companies that are export-oriented, materials-based, influenced by international market conditions, and sensitive to economic cycles. It also includes some mid-sized companies focused on domestic demand. Along with chemicals, machinery, and shipping, the iron and steel sector is considered one of the primary cyclical industries, highly responsive to economic fluctuations.