December 03, 2006	Sunday	Ziqa'ad 11, 1427

TOKYO, Dec 2: Japan's Nippon Steel Corp met with the chairwoman of Baosteel Group Corp and will consider a cross-shareholding deal with China's largest steel maker, the Nihon Keizai newspaper reported on Saturday.

The business daily said Baosteel Chairwoman Xie Qihua proposed the arrangement to executives at Nippon Steel, Japan's largest steel producer, at a meeting on Friday. The chairwoman was on a visit to Japan. Nippon Steel officials told the chairwoman that any deal was dependent on Baosteel listing its shares on an overseas stock exchange.—Reuters