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Trump fires top labor official amid slowing hiring data, sparking market concerns as Dow drops due to tariff tensions and Fed reshuffling.

Nippon Steel warns of full year loss after $1.3 billion Q1 shortfall

Investing.comFriday, August 1, 2025 at 7:30:33 AM
NegativeFinancial Marketsbusiness
Nippon Steel warns of full year loss after $1.3 billion Q1 shortfall
Nippon Steel, one of Japan's largest steelmakers, has warned it could face a full-year loss after reporting a staggering $1.3 billion shortfall in the first quarter. The company is grappling with weaker demand and higher costs, signaling tough times ahead for the steel industry.
Editor’s Note: This isn't just bad news for Nippon Steel—it's a red flag for the broader industrial sector. If a major player like this is struggling, it could mean slower construction, manufacturing delays, and even job cuts down the line. For investors and policymakers, it’s a sign to watch closely.
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