Nippon Steel divests from China’s Guangzhou Pacific Tinplate

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At the end of December 2020, Nippon Steel transferred its 25% equity investment in Guangzhou Pacific Tinplate Co., Ltd. (PATIN) to the Guangzhou Hi-tech Investment Group Co., Ltd., the firms business partner of PATIN, effectively withdrawing from the business. Since starting operations in 1997, PATIN has continued to contribute towards development of the top-grade tinplate…

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