(Update) Nippon Steel Swings into Quarterly Loss

Tokyo, Aug. 1 (Jiji Press)--Nippon Steel Corp. said Friday that it swung into a net loss in the April-June quarter, squeezed by a restructuring charge related to its acquisition of United States Steel Corp.
The Japanese steelmaker posted a consolidated net loss of 195.8 billion yen for the fiscal first quarter, against the year-before profit of 157.5 billion yen.
(2025/08/01-21:35)