Nippon Steel Logs 195-B.-Yen Net Loss for April-June
Tokyo, Aug. 1 (Jiji Press)--Nippon Steel Corp. said Friday that its consolidated net loss totaled 195.8 billion yen in April-June, against the year-before profit of 157.5 billion yen.
The company incurred a business restructuring loss of about 230 billion yen, as it dissolved a joint venture with major European steelmaker ArcelorMittal while acquiring United States Steel Corp.
(2025/08/01-18:22)
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