LONDON: Chinese company Baoshan Iron & Steel Co Ltd (Baosteel) said on Thursday it disagreed with claims by Japanese rival Nippon Steel that it infringed patents.
Nippon Steel said on Thursday it had filed lawsuits against Baosteel and Toyota Motor Corp with a Tokyo district court.
Baosteel said in a statement that he repeatedly approached Nippon Steel about the claim and was rejected, calling it “regrettable.”
The company said it strictly followed regulations and would actively respond to lawsuits and “firmly” defend its rights and interests.
(Reporting by Min Zhang; Editing by Edmund Blair)