Nippon Steel 9-month pretax profit down 0.7 pct


TOKYO, Jan 28 (Reuters) - Nippon Steel Corp , the world's second-biggest steelmaker, said on Monday its pretax profit in the nine months to December inched down 0.7 percent, hit by high raw materials costs. Nippon Steel, a big contract supplier to Toyota Motor Corp and other Japanese manufacturers, said its pretax recurring profit before special items came in at 434.67 billion yen ($4.1 billion) in April-December, compared with 437.93 billion yen a year earlier. Nippon Steel is expected ...

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