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BRIEF-Nippon Steel CEO Hashimoto: Agreement With U.S. Government Over Our U.S. Steel Acquisition Deal Is Satisfactory
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BRIEF-Nippon Steel CEO Hashimoto: Agreement With U.S. Government Over Our U.S. Steel Acquisition Deal Is Satisfactory
Jun 18, 2025 6:51 PM

June 19 (Reuters) - Nippon Steel Corp ( NISTF ) CEO Eiji

Hashimoto:

* AGREEMENT WITH U.S. GOVERNMENT OVER OUR U.S. STEEL

ACQUISITION

ENSURES TWO ESSENTIAL ELEMENTS: MANAGEMENT AUTONOMY AND

PROFITABILITY

* U.S. STEEL'S REVITALISATION PLANS AND NEW INVESTMENT PLANS

HAVE

LARGELY BEEN COMPLETED

* AGREEMENT WITH U.S. GOVERNMENT OVER OUR U.S. STEEL

ACQUISITION

DEAL IS SATISFACTORY

* WE WILL PROMPTLY BEGIN IMPLEMENTING MEASURES FOR

REVITALISATION

AND DEVELOPMENT

* I'D LIKE TO EXPRESS MY SINCERE RESPECT FOR PRESIDENT

TRUMP'S

EXCELLENT JUDGMENT

* THIS DEAL IS A NECESSARY AND EFFECTIVE STRATEGY FOR

RESTORING

NIPPON STEEL TO THE NUMBER ONE POSITION IN THE WORLD

* THIS DEAL IS THE ONLY WAY TO REVITALIZE AND DEVELOP U.S.

STEEL

* WE PROPOSED THE GOLDEN SHARE SCHEME

* WITH SIMULTANEOUS ACQUISITION OF BASES IN THE U.S. AND

EUROPE,

WE COMPLETED A GLOBAL NETWORK AT ONCE

* OUR PLANNED CAPITAL INVESTMENTS ARE ALL NECESSARY AND

EFFECTIVE

TO INCREASE US STEEL'S CORPORATE VALUE, AND WE HAVE NO CONCERNS

ABOUT PROFITABILITY

Further company coverage:

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