Monday, March 26, 2007

Nippon Steel and Arcelor to ramp up U.S. auto-steel capacity

MarketWatch.com
Nippon Steel Corp. and Arcelor Mittal have forged an agreement to expand their U.S. automotive sheet steel capacity in a deal that could see up to 30 billion yen ($252 million) invested in new plants and equipment, the influential Nikkei daily reported Monday.

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