Japan’s Nippon Steel Q1 net profit down 23% on sluggish steel demand – ET Infra

[ad_1] TOKYO: Nippon Steel, Japan’s top steel producer, posted a 23.3% decrease in net profit in the first quarter of the 2023/2024 fiscal year to 177 billion yen ($1.24 billion) on sluggish steel demand, it said on Friday. Analysts surveyed by Refinitiv had forecast Nippon Steel’s net profit at 73.8 billion yen. Its peer JFE […]

Japan’s Nippon Steel Q1 net profit down 23% on sluggish steel demand – ET Infra Read More »