UPDATE 1-Nippon Steel,Mittal to lift output at US jv--paper

Newswire

(Adds company, source comments, share price) TOKYO, Aug 24 (Reuters) - Nippon Steel Corp. and Mittal Steel will invest a combined $260 million to double the capacity of their auto-use steel sheet plant in the United States, the Nihon Keizai Shimbun said on Thursday. Nippon Steel said it was discussing a plan to boost production capacity at its U.S. plant but was not in negotiations with Mittal. The report of a deepening cooperation between the two firms pushed up shares in Nippon Steel ...

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