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Nippon Steel posts loss of 113.4 billion yen for six months through September
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Nippon Steel posts loss of 113.4 billion yen for six months through September
Nov 4, 2025 10:22 PM

TOKYO, Nov 5 (Reuters) - Nippon Steel ( NISTF ), Japan's

biggest steelmaker, on Wednesday posted a loss of 113.4 billion

yen ($752 million) for the six months through September, versus

a profit of 243.4 billion yen in the same period a year earlier.

Nippon Steel ( NISTF ), which closed a $15 billion deal to buy U.S.

Steel in June, also revised its forecast for a loss for

the fiscal year through March to 60 billion yen versus an

earlier guide of 40 billion yen loss for the year.

($1 = 150.7800 yen)

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