Nippon Steel revises down profit forecast

Nippon Steel Says It’s Sure US Deal Can Be Completed by Year-End
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.Most Read from BloombergParis Restricts Through Traffic in City CenterKey Ballot Initiatives and Local Races Highlight Views on Abortion,
Nippon Steel still expects US Steel deal can be completed by year-end - report
Nippon Steel (OTCPK:NPSCY) said it still expects to complete its $14.1 billion acquisition of US Steel (NYSE:X) by the end of the year. Shares of US Steel edged higher by ~1%. “Now that the election is over,
Nippon Steel revises down profit forecast, says US Steel deal on track
Nippon Steel, Japan's biggest steel maker, revised on Thursday its full-year net profit outlook to 310 billion yen ($2 billion) from a previous forecast of 340 billion yen due to inventory valuation losses from weak raw material prices.
Nippon Steel seeks to close U.S. Steel deal before Trump is president
Japan's Nippon Steel hopes to close its $15 billion deal to buy U.S. Steel by year-end before Republican Donald Trump retakes the White House in January, a senior executive said, as the acquisition is core to its future growth.
Nippon Steel Says Expects To Close US Steel Takeover By End Of 2024
Japan's Nippon Steel said on Thursday that it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump.
Japan's Nippon Steel revises down full-year net profit forecast
Nippon Steel, Japan's biggest steel maker, revised on Thursday its full-year net profit forecast for the fiscal year ending in March to 310 billion yen ($2 billion) from a previously expected 340 billion yen.
Nippon Steel seeks to close US Steel deal before Trump returns to White House
TOKYO, Nov 7 (Reuters) - Japan's Nippon Steel (5401.T), opens new tab hopes to close its $15 billion deal to buy US ...
Nippon Steel confident U.S. Steel buyout will close by year-end
A Nippon Steel Corp. executive expressed confidence on Nov. 7 that the company will complete its acquisition of U.S. Steel ...
Is US Steel stock poised for more gains as Trump gears up for second term?
Following the announcement by Nippon Steel to acquire US Steel last year, the latter’s stock shot up to over $50 but has been ...
Japan steel industry feels 'sense of crisis' as imports hit 10-year high
The Japanese steel industry is feeling a "sense of crisis" as the country's steel imports for the April-September period ...
Why U.S. Steel Stocks Were Soaring Today
Shares of U.S. steel stocks U.S. Steel ( X 8.27%), Cleveland Cliffs ( CLF 20.07%), and Steel Dynamics ( STLD 13.76%) were ...
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Nippon Steel Confident It Can Finalize Acquisition This Year
Nippon Steel Corp. said it still expects its $14.1 billion acquisition of United States Steel Corp. to complete by the end of the year.
Nippon Steel Says Expects To Close US Steel Takeover In 2024
Japan's Nippon Steel said Thursday it still expects to close its takeover of US Steel this year, despite opposition from both President Joe Biden and president-elect Donald Trump.
Despite Post-Election Bump, Cleveland-Cliffs Still Isn't The U.S. Steel Savior
Nippon Steel's $14.1B bid for U.S. Steel, double that of Cleveland-Cliffs', suggests confidence despite potential tariffs on ...