TOKYO -- With cheap Chinese steel flooding the global market, Nippon Steel and ArcelorMittal have set aside their past differences to cooperate more closely in a fast-changing industry.
Materials
Nippon Steel and ArcelorMittal draw closer with China's rise
Former rivals turn sights to growing demand in India and Southeast Asia
ArcelorMittal's steel plant in Ontario, Canada: Nippon Steel had at one point feared a possible takeover by its larger rival, but the companies have since become allies. © Reuters
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