JAPAN: Kawasaki to supply steel to Hyundai
Kawasaki Steel has forged a strategic alliance with Hyundai Hysco to supply steel sheet for Hyundai cars. "One purpose of the alliance was to supply hot-rolled steel plates to Hyundai Hysco, while the other was to obtain a right to supply cold-rolled steel sheets for cars to Hyundai Motor," said Kawasaki Steel chairman Kenji Otomo quoted in Japanese press. Hyundai Motor has however refused to confirm the reports.
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