• Bloomberg


Nippon Steel Corp., the world’s second-largest steelmaker, said Tuesday no “concrete” decision had been made about expanding cooperation with bigger rival Arcelor Mittal.

Nippon Steel 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.

Unable to view this article?

This could be due to a conflict with your ad-blocking or security software.

Please add japantimes.co.jp and piano.io to your list of allowed sites.

If this does not resolve the issue or you are unable to add the domains to your allowlist, please see out this support page.

We humbly apologize for the inconvenience.

In a time of both misinformation and too much information, quality journalism is more crucial than ever.
By subscribing, you can help us get the story right.