Nippon Steel projects $630m profit for US Steel on added efficiency

Japan steelmaker beats forecast but China exports and Iran war cloud outlook U.S. Steel is expected to turn a profit in fiscal 2026. (U.S. Steel) TOKYO/NEW YORK — Japan's Nippon Steel expects subsidiary U.S. Steel to contribute to consolidated profit this fiscal year as production improvements lead to greater efficiency at the U.S.-based company.

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