UPDATE 1-Nippon Steel, Tata in talks on joint output-paper

Newswire

(Adds details, share price, backgrounds) TOKYO, March 27 (Reuters) - Nippon Steel Corp. , the world's second-largest steel maker, is in talks with India's Tata Steel to jointly produce automotive sheet steel in India, the Nikkei business daily said on Tuesday, helping the company's share price inch higher. By 0105 GMT, Nippon Steel shares were up 1.2 percent at 873 yen, while the iron and steel subindex rose 0.35 percent. The paper said the two companies are likely to invest about 50 ...

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