Nippon Steel warns of annual loss due to charges related to US Steel acquisition
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) -Nippon Steel revised on Friday its forecast for the full fiscal year to a 40 billion yen ($266 million) loss from 200 billion yen profit previously, mostly due to charges related to its acquisition of U.S. Steel. In June, Nippon Steel, Japan’s biggest steelmaker, closed its $14.9 …
Nippon Steel warns of annual loss due to charges related to US Steel acquisition Read More »