BRIEF-Nippon Steel Vice Chairman - Sale Of Usiminas Shares Is Intended To Mitigate Further Impairment Risks, As No Significant Recovery Is Expected In Brazil

Reuters

Nov 05

BRIEF-<a href="https://laohu8.com/S/NISTF">Nippon Steel</a> Vice Chairman - Sale Of Usiminas Shares Is Intended To Mitigate Further Impairment Risks, As No Significant Recovery Is Expected In Brazil

Nov 5 (Reuters) - Nippon Steel Corp 5401.T Vice Chairman:

SALE OF USIMINAS SHARES IS INTENDED TO MITIGATE FURTHER IMPAIRMENT RISKS, AS NO SIGNIFICANT RECOVERY IS EXPECTED IN BRAZIL
THERE HAVE BEEN NO INSTANCES WHERE U.S. GOVERNMENT INVOLVEMENT HAS HINDERED OUR PLANS ON US STEEL’S OPERATIONS

Further company coverage: 5401.T

(Reporting by Yuka Obayashi)

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