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POSCO says still negotiating legal settlement with Nippon Steel
2015-09-15 07:35:32| Steel - Topix.net
POSCO said on Tuesday it was still negotiating a legal settlement with Nippon Steel & Sumitomo Metal Corp after newspapers reported the South Korean steelmaker was in talks to pay its Japanese rival about 30 billion yen in damages for alleged corporate espionage. Officials at POSCO and Nippon Steel said the lawsuits, filed in April 2012, were still proceeding.
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