TOKYO, March 24 (Reuters) - Nippon Steel's (5401.T) , opens new tab negotiations with the U.S. government regarding its planned acquisition of U.S. Steel (X.N) , opens new tab are still ongoing, President Tadashi Imai said on Monday.

Imai said a mutual understanding is developing that the deal would bolster the U.S. steel industry. Talks will continue and aim to reach an agreement on conditions for equity purchase and capital spending, among other aspects, he added.

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(This story has been refiled to correct a typographical error in the word 'still' in the headline)

https://www.reuters.com/markets/deals/nippon-steel-chief-says-us-steel-takeover-talks-sill-ongoing-with-washington-2025-03-24/