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

ReutersNov 5, 2025 7:52 AM

- 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

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