Nippon Steel, Sumitomo Metal to begin talks on alliance

Nippon Steel, Sumitomo Metal to begin talks on alliance

TOKYO, Japan - Nippon Steel Corp. Vice President Makoto Kihara (L) and Sumitomo Metal Industries Ltd. Vice President Masaaki Tachibana speak at a media briefing in Tokyo on Dec. 12. They said Japan's biggest and fourth-largest steelmakers will start negotiations on a business alliance with a view to slashing production, distribution and material procurement costs.

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  • ILEA000011047
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  • Kyodo / Kyodo News Images
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