Nippon Steel said Thursday it had dropped lawsuits against Toyota and Mitsui & Co. over electrical steel sheet patents, but continues to seek damages from China's Baoshan Iron & Steel (Baosteel).
Nippon Steel's lawsuits, which were filed in 2021, sought compensatory damages from Toyota, Baosteel, Mitsui and Mitsui & Co. Steel, alleging infringement of patents on non-oriented electrical steel sheets.
The Japanese steelmaker said it had terminated the lawsuits against Toyota and Mitsui by waiving claims against them.