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Nippon Steel braces for downside risk as coronavirus spreads

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Nippon Steel, the world's No 3 steelmaker, is bracing for a downside risk as slower manufacturing activities in China in the wake of the coronavirus outbreak may further weigh on demand in industries such as auto and machineries, its executive said.

[TOKYO] Nippon Steel, the world's No 3 steelmaker, is bracing for a downside risk as slower manufacturing activities in China in the wake of the coronavirus outbreak may further weigh on demand in industries such as auto and machineries, its executive said.

"We have not cut our crude...

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