Nippon Steel acquires Thai steel companies G Steel and GJ Steel
The acquisition will allow the Japanese company to expand its hot-rolled steel sheet production capability in Thailand
Japanese steel company Nippon Steel Corporation announced via press release on 21 January that it had decided to enter into a share purchase agreement to acquire 49.99% shares and 49.90% shares in Thai steel companies G Steel Public Company Limited and G J Steel Public Company Limited respectively.
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