(Bloomberg) -- Nippon Steel Corp., the world's
second-largest steelmaker, said no ``concrete'' decision had
been made about expanding cooperation with bigger rival Arcelor
Mittal.
The Japanese steelmaker in July 2004 formed a venture with
Arcelor and Baosteel Group Corp. to make sheet metal for autos
in Shanghai. Mittal Steel Co.'s $38.3 billion purchase of
Arcelor SA last year left the merged company to renegotiate
where it may use Nippon Steel's production technology.
Read more at Bloomberg Commodities News
second-largest steelmaker, said no ``concrete'' decision had
been made about expanding cooperation with bigger rival Arcelor
Mittal.
The Japanese steelmaker in July 2004 formed a venture with
Arcelor and Baosteel Group Corp. to make sheet metal for autos
in Shanghai. Mittal Steel Co.'s $38.3 billion purchase of
Arcelor SA last year left the merged company to renegotiate
where it may use Nippon Steel's production technology.
Read more at Bloomberg Commodities News
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