StocksMedium•5 November 2026•
1 min read
Nippon Steel Hikes FY2026 Profit Forecast by 52% on Strong US Steel Performance
Key Facts
1Nippon Steel raised its net profit forecast for fiscal year 2026 by 52%.
2The upward revision is primarily driven by robust earnings from its subsidiary, US Steel.
Nippon Steel raised its net profit forecast for fiscal year 2026 by 52%. Investing.com reported that the upward revision is primarily driven by robust earnings from its subsidiary, US Steel.
NPSCY closed at $4.26 on November 4, 2026, after reaching a day high of $4.3 and a low of $4.03 on the same date. The guidance upgrade reflects improved financial contributions from the group's subsidiary operations within the steel industry.