Nippon Steel expects profit to drop 43% this year, U.S. Steel decision by early June

Nippon Steel expects nett net to descent 43 per cent successful the fiscal twelvemonth ending March 2026, it said connected Friday, citing a anemic planetary alloy marketplace pressured by China’s exports and the interaction of caller U.S. tariffs.
Japan’s biggest alloy shaper besides said it expects a U.S. determination connected whether to…