Nippon Steel (OTCMKTS:NISTF – Get Free Report) is expected to announce its resultson Tuesday, August 4th. Analysts expect the company to post earnings of $0.0953 per share and revenue of $16.3078 billion for the quarter.
Nippon Steel Trading Up 7.9%
Shares of OTCMKTS NISTF opened at $3.94 on Tuesday. The company has a 50 day simple moving average of $3.52 and a 200 day simple moving average of $3.83. Nippon Steel has a 1 year low of $3.20 and a 1 year high of $5.24.
About Nippon Steel
Nippon Steel (OTCMKTS:NISTF) is one of the world’s leading steel producers, headquartered in Tokyo, Japan. The company traces its roots to the 1970 merger of Fuji Iron & Steel and Yawata Iron & Steel, and later strengthened its global footprint through the 2012 merger with Sumitomo Metal Corporation. With decades of experience in metallurgical engineering, Nippon Steel remains a cornerstone of Japan’s industrial sector.
The company’s core business centers on the production and supply of a broad range of steel products.
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