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Japanese Steelmakers Jointly Buy Iron Ore Mine in Brazil, Africa
Nippon Steel Corp, JFE Holdings Inc unit JFE Steel Corp and other major Japanese steelmakers plan to jointly acquire overseas mining rights for iron ore in an attempt to minimize the impact of surging mineral prices, the Nikkei reported at the weekend, without citing sources.
Nippon Steel, Sumitomo Metal Industries, Kobe Steel, JFE Steel and Itochu [...]
