WRAPUP 2-Nippon Steel, hit by building slump, warns of loss

Newswire

* Sees 15 billion yen net loss for 2009/10; first in 7 years * Volumes higher, but hit by domestic construction slump * Oct-Dec net profit 25.94 bln yen vs 50.44 bln yen yr-ago * Nippon, Tata plan auto metal JV * Nippon shares down nearly 4 pct, Nikkei up 1.6 pct (Updates with India JV details, background) By Yuko Inoue TOKYO, Jan 28 (Reuters) - Nippon Steel Corp forecast a first annual net loss in seven years as a building slump in Japan squeezes margins, driving down shares in ...

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