TOKYO -- Nippon Steel is set to acquire two electric-furnace steelmakers in Thailand, G Steel and GJ Steel, next year, Nikkei has learned, in a move aimed at reducing its reliance on coal to produce the metal.
Business deals
Nippon Steel to buy 2 Thai electric steelmakers to cut footprint
G Steel, GJ Steel targeted to reduce dependence on coal blast furnaces
Nippon Steel wants to reduce its reliance on coal to produce steel. © Reuters
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