TOKYO, May 13 : Nippon Steel, Japan's biggest steelmaker, on Wednesday posted 17.2 billion yen ($109 million) in net profit for the fiscal year ended in March, down 95 per cent from the year earlier. Nippon Steel, which bought U.S. Steel for $15 billion last year and pledged massive investments into the asse

TOKYO, May 13 : Nippon Steel, Japan's biggest steelmaker, on Wednesday said it expects its net profit for the year that ends in March to increase sharply to 220 billion yen ($1.4 billion) as the effects of one-off losses fade from its results. Nippon Steel, which bought U.S. Steel for $15 billion last year an