
Nippon Steel 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)