NIPPON STEEL'S PRESIDENT SENT A LETTER TO MINAS GERAIS GOVERNOR AND SAYS THAT THE COMPANY MAY BE RESPONSIBLE ALONE FOR THE INJECTION OF CAPITAL IN USIMINAS

In a letter sent from Tokyo, the president of Nippon Steel & Sumitomo Metal Co., Koshei Shindo, informed the governor or Minas Gerais State, Fernando Pimentel, that the company may be responsible for all the injection of capital in Usiminas.

The information is from the newspaper "O Tempo" published in Minas Gerais.

The letter also highlights that the financial situation of Usiminas is also due to the "political confusion" in Brazil.