UPDATE 1-Nippon Steel's H1 profit up 5.6 pct, keeps outlook

Newswire

(Adds background, share price) TOKYO, Oct 30 (Reuters) - Nippon Steel Corp , the world's No.2 steelmaker, posted a 5.6 percent rise in first-half profit as prices of sheet steel and shipbuilding plates rose, but it stood by its outlook for virtually no growth in the full year. Shares of Nippon Steel extended an early slide and were down down 2.4 percent at 768 yen in afternoon trade after the results, which came in below market expectations. The stock was underperforming a 1 percent fall ...

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