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Nippon Steel Optimizes Assets, Maintains POSCO Alliance
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Nippon Steel Optimizes Assets, Maintains POSCO Alliance

NIPPON STEEL (JP:5401) has released an update.

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Nippon Steel Corporation has decided to sell its shares in POSCO Holdings Inc. to improve asset efficiency, while continuing a strategic alliance focused on carbon neutrality and technology exchange. The sale’s timing will be based on market conditions, and the financial impact on Nippon Steel’s 2025 financial statements is currently unspecified.

For further insights into JP:5401 stock, check out TipRanks’ Stock Analysis page.

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