Baosteel says expects result of Nippon talks in Q1

Newswire

SHANGHAI, Dec 23 (Reuters) - Baoshan Iron and Steel Co , the listed arm of China's largest steel maker, said on Monday it expected talks on building a plant with Nippon Steel Corp to yield results in the first quarter of 2003. "We could see the result of the negotiations in the first quarter of next year," Ai Baojun, president of the Shanghai-listed Baosteel, told a news conference. In November, the Japanese steel giant said it was in talks with Baosteel to build a Shanghai plant -- an ...

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