TOKYO, Nov 13 (Reuters) - Japanese steel giant Nippon Steel Corp said on Wednesday it was in talks with China's Baoshan Iron & Steel Co Ltd on a possible alliance, but nothing final had been decided.
The Nihon Keizai Shimbun reported earlier on Wednesday that Nippon Steel, the world's third-largest steelmaker, and Baoshan, the listed arm of the world's fifth-largest steelmaker, had agreed to a $1 billion joint venture to produce steel auto sheets in China.
"It is ...
Sign in to access
this Article
"Nippon Steel says in alliance talks with Baoshan" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. To obtain Premium status, please contact us.
Why Become a Premium Subscriber?
WardsAuto.com Premium subscribers have access to the full breadth of Ward’s articles, news, analysis and features as well as all the Ward’s data and statistics as soon as they are available in Excel spreadsheet format. Learn more about the benefits of Premium access here.
