NIPPON STEEL, INLAND DISCUSSING U.S. JOINT VENTURE

  Nippon Steel Corp &lt;NSTC.T> and &lt;Inland
  Steel Co> of the U.S. Are negotiating to set up a joint steel
  venture in Indiana, a Nippon Steel spokesman said, declining to
  give more details.
      Several local newspapers reported the joint venture would
  be capitalised at 150 mln dlrs, owned 60 pct by Inland and 40
  pct by Nippon Steel, and have annual production capacity of one
  mln tonnes of steel to supply car makers.
  

