Nippon Steel CFO: Muroran Blast Furnace Was Suspended In December Due To Trouble And Is Expected To Resume By The End Of March

Feb 5 (Reuters) - Nippon Steel Corp 5401.T:

• NIPPON STEEL CFO: MURORAN BLAST FURNACE WAS SUSPENDED IN DECEMBER DUE TO TROUBLE AND IS EXPECTED TO RESUME BY THE END OF MARCH

• NIPPON STEEL CFO: THE MURORAN BLAST FURNACE SHUTDOWN IS EXPECTED TO HIT EARNINGS BY 40 BILLION YEN

• NIPPON STEEL CFO: WE EXPECT U.S. STEEL’S EARNINGS TO REBOUND NEXT FISCAL YEAR, BACKED BY A RECOVERY IN U.S. STEEL MARKET

• NIPPON STEEL CFO: NOTHING HAS BEEN DECIDED REGARDING FUNDING

• NIPPON STEEL CFO: WE WILL PROCEED WITH OPTIMAL FUNDING ARRANGEMENTS AS THE BRIDGE LOAN TERM EXPIRES IN JUNE

• NIPPON STEEL CFO: INDIA'S STEEL BUSINESS SAW MARGINS DECLINE, BUT HAS BEEN RECOVERING SINCE BOTTOMING OUT IN DECEMBER

Source text: [ID:]