Nippon Steel and Sumitomo Metal Industries will likely proceed with Tata Steel as their partner in the Indian market, after their proposed merger, due to the fact that they are the bigger brand in the global arena.
Nippon Steel has a partnership with Tata and Sumitomo Metals is partnered with New Delhi-headquartered Bhushan Steel. The companies have to choose a single partner in India to avoid project duplication and competition issues.
Nippon Steel has a partnership with Tata and Sumitomo Metals is partnered with New Delhi-headquartered Bhushan Steel. The companies have to choose a single partner in India to avoid project duplication and competition issues.
