Nippon Steel Corporation has announced that Usinas Siderurgicas de Minas Gerais SA, an equity method affiliate of NSC, held a meeting of the board of directors, where new Vice President Officers were appointed as follows:
| Name | Business in charge |
| Sergio Leite de Andrade | Commercial |
| Marcelo Rodolfo Chara | Industrial |
| Romel Erwin de Souza | Technology and Quality |
| Paolo Felice Bassetti | Subsidiaries Development |
| Ronald Seckelmann | Finance and Investors Relation |
| Nobuhiro Yamamoto | Corporate Planning |
Since the new shareholders agreement of Usiminas took effect on January 16th 2012, Usiminas has been managed by the new controlling shareholders holding approximately 63.86% of its ordinary shares which consist of Nippon Group (NSC, Nippon Usiminas Co Limited (a subsidiary of NSC) and Mitsubishi Group (Mitsubishi Corporation do Brasil SA and Metal One Corporation), Ternium Group and Caixa dos Empregados da Usiminas (Pension Fund of the Employees of Usiminas).
Usiminas will now start working toward further development under the new management led by CEO Mr Julian Alberto Eguren who took office on January 17th 2012, together with the new Vice President Officers appointed this time.
Under the new management team and in cooperation with Ternium Group, NSC will work for even higher competitiveness of Usiminas, together with its employees, through the combination of supports by both NSC and Ternium in respective expertise.
Moreover, NSC will commit to the improvement of corporate values of Usiminas, which is an important base for NSC's global strategy, through more aggressive support as well as its direct participation in the management of Usiminas.
