TOP
PRODUCT
R&D
ABOUT NIPPON STEEL
INVESTORS
SUSTAINABILITY
NIPPON STEEL

close

PRODUCT

Products TOP
Use application
News and events
Downloads
Contact Us

R&D

R&D TOP
Overview of R&D
Laboratories
Technical Papers and Technical Reports

ABOUT NIPPON STEEL

ABOUT NIPPON STEEL TOP
Who we are
Offices
Manufacturing Bases

INVESTORS

Investors Top
IR News
Management Plan
Financial Information
IR Library
Stock & Corporate Bonds
To Our Shareholders
Investor FAQs
IR Calendar
Terms & Conditions

SUSTAINABILITY

Sustainability Top
Environment
Social
Governance
Products TOP
Use application
News and events
Downloads
Contact Us
R&D TOP
Overview of R&D Laboratories
Technical Papers and Technical Reports
ABOUT NIPPON STEEL TOP
Who we are
Offices
Manufacturing Bases
Investors Top
IR News
Management Plan
Financial Information
IR Library
Stock & Corporate Bonds
To Our Shareholders
Investor FAQs
IR Calendar
Terms & Conditions
Sustainability Top
Environment
Social
Governance

Lang :

NIPPON STEELNIPPON STEEL

Products
Research & Development
About Nippon Steel
Investors
Sustainability
NEWS RELEASENEWS RELEASE

NEWS RELEASE

  • HOME
  • News Release
  • 2021
  • Amendment to Shareholders Agreement of Usiminas and Change in the Shareholding Ratio among the Controlling Shareholders
  • twitter
  • facebook
News Release
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • The former Nippon Steel
  • The former Sumitomo Metal
  • The former Nippon Steel Nisshin

Amendment to Shareholders Agreement of Usiminas and Change in the Shareholding Ratio among the Controlling Shareholders

Jul. 04, 2023

Nippon Steel Corporation

As announced on March 30, 2023, Nippon Steel Corporation (“NSC”) and Ternium Investments S.à r.l. and its three group companies (collectively, “Ternium”) agreed to amend the Amended and Restated Shareholders Agreement dated October 17, 2018, setting forth the establishment of certain new governance structure of Usinas Siderúrgicas de Minas Gerais S.A. – Usiminas (“Usiminas”), and to transfer to Ternium a portion of the ordinary shares of Usiminas held by NSC, all of which are subject to fulfilment of the conditions precedent such as obtaining approval by the Brazilian antitrust authority.

Upon fulfilment of all of the conditions precedent, on July 3, Brazilian local time, the transfer of a portion of the ordinary shares of Usiminas held by NSC to Ternium was completed and the Second Amended and Restated Shareholders’ Agreement of Usiminas (“the New SHA”) came into effect.

Under the new governance structure of Usiminas, NSC will continue to jointly manage Usiminas with Ternium with a view to increasing Usiminas' competitiveness and corporate value in the best interest of Usiminas and all of its stakeholders.


For inquiries
Public Relations Center  Tel.: +81-3-6867-2977, 2135, 2146, 3419

Return to Press Release

Page top

    Lang :

    Products
    Use application
    News and events
    Downloads
    Contact Us
    Research & Development
    Overview of R&D
    Laboratories
    Technical Papers and
    Technical Reports
    About Nippon Steel
    Who we are
    Offices
    Manufacturing Bases
    Investors
    IR News
    Management Plan
    Financial Information
    IR Library
    Stock & Corporate Bonds
    To Our Shareholders
    Investor FAQs
    IR Calendar
    Terms & Conditions
    Sustainability
    Environment
    Social
    Governance

    NIPPON STEEL

    Copyright NIPPON STEEL CORPORATION. All rights reserved.

    Privacy Policy and Privacy Notices
    Legal Notice
    Cookie Policy
    Contact Us

    Copyright NIPPON STEEL CORPORATION. All rights reserved.