Nippon Steel, ArcelorMittal delay US auto sheet plan

Newswire

TOKYO, Dec 4 (Reuters) - Nippon Steel Corp , the world's second-biggest steelmaker, said on Thursday it and ArcelorMittal had decided to delay plans to double auto sheet production capacity at their U.S. joint venture I/N Kote.

Nippon Steel said the plans would be put off until demand in the U.S. car market shows a recovery. (Reporting by Yuko Inoue)

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