Baoshan iron & steel (6.680, 0.02, 0.30%)(6000 19. SH) said that Baoshan Iron and Steel and Toyota have been sued in the Tokyo District Court for producing electromagnetic steel plates used to manufacture electric vehicles, requiring the two companies to give 20 billion yen (about 165438+) respectively.
In the global steel industry, Japanese steel production ranks fifth at present, while China Baowu Group, the parent company of Baosteel, has jumped to the first place. Nippon Steel and Baosteel had close cooperation 40 years ago. During the preparation of Baosteel, complete sets of equipment, technology and modern management system were introduced from Nippon Steel, which was also called "Nippon Steel" at that time. More than a thousand Baosteel technicians and operators went to Japan for training and internship, and Nippon Steel also sent a large number of technical experts to participate in and guide the construction of Baosteel.