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BRIEF-Nippon Steel Vice Chairman: We Aim To Complete U.S. Steel Deal By June 5
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BRIEF-Nippon Steel Vice Chairman: We Aim To Complete U.S. Steel Deal By June 5
May 26, 2025 4:50 AM

May 9 (Reuters) - Nippon Steel Corp ( NISTF ):

* NIPPON STEEL ( NISTF ) PRESIDENT SAYS EXPECTING ITS CRUDE STEEL

OUTPUT IN

FY2025/26 TO FALL BY ABOUT 1 MILLION TONS FROM A YEAR EARLIER

* NIPPON STEEL ( NISTF ) PRESIDENT: OUR POSITION ON THE PLANNED

ACQUISITION

OF U.S. STEEL REMAINS UNCHANGED

* NIPPON STEEL ( NISTF ) PRESIDENT: TAKING ALL STAKE CONTINUES TO BE

THE

STARTING POINT FOR NEGOTIATIONS WITH THE U.S. GOVERNMENT

* NIPPON STEEL ( NISTF ) PRESIDENT: IN NEGOTIATIONS WITH THE U.S.

GOVERNMENT, WE ARE PRESENTING A RANGE OF PROPOSALS

* NIPPON STEEL ( NISTF ) VICE CHAIRMAN: CFIUS IS EXPECTED TO MAKE A

RECOMMENDATION ON U.S. STEEL DEAL TO U.S. PRESIDENT BY MAY 21,

WITH PRESIDENT'S DECISION IS EXPECTED BY JUNE 5

* NIPPON STEEL ( NISTF ) VICE CHAIRMAN: CFIUS HAS BEEN EXTREMELY

HONEST IN

ITS REVIEW PROCESS OF U.S. STEEL DEAL

* NIPPON STEEL ( NISTF ) VICE CHAIRMAN: WE AIM TO COMPLETE U.S. STEEL

DEAL

BY JUNE 5

* NIPPON STEEL ( NISTF ) VICE CHAIRMAN: WE CONTINUE TO BELIEVE THAT

OUR

ACQUISITION OF U.S. STEEL POSES NO RISK TO U.S. NATIONAL

SECURITY

* NIPPON STEEL ( NISTF ) VICE CHAIRMAN: OUTCOME OF U.S. STEEL DEAL

WILL

ULTIMATELY DEPEND ON TRUMP'S DECISION, NOT SOLELY ON NATIONAL

SECURITY CONSIDERATIONS

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