Home Japan's Nippon Steel, Kobe Steel to cut stakes in each other
 

Keywords :   


Japan's Nippon Steel, Kobe Steel to cut stakes in each other

2014-12-03 16:42:34| Steel - Topix.net

Nippon Steel & Sumitomo Metal Corp and Kobe Steel Ltd said on Wednesday they will reduce stakes in each other to raise funds for expansion overseas and for improving competitiveness. The companies built up equity stakes in each other as part of alliances to share resources for production, a common arrangement even among competitors in Japan.

Tags: other cut steel stakes

Category:Materials

Latest from this category

All news

»
26.11BG
26.11 DVD 9
26.11Happy2024 LAST BIG
26.111-21
26.11A-68507
26.11160cm
26.11stray kids GO yes24
26.11 mark borthwick whats bummer zine edition
More »