Nippon Steel sees better year ahead for US Steel, no capacity cuts needed, CFO says

Nippon Steel sees better year ahead for US Steel, no capacity cuts needed, CFO says

TOKYO, Feb 20 : Nippon Steel sees no need to cut capacity at U.S. Steel and expects the business to contribute to earnings in fiscal 2026, up from zero this year, helped by stronger steel prices and technology transfer, Chief Financial Officer Takahiko Iwai said.While urgent steps are needed to improve the U.