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JFE buys 3% of Mycron Steel as Japanese mills continue overseas expansion
February 09, 2010 - 10:11 GMT
Location:
Shanghai
KEYWORDS:
JFE
,
Japan
,
steel
,
Mycron
JFE Steel Corp has bought a 3% stake in Mycron Steel, a major cold roller in Malaysia, as Japanese mills continue to expand overseas due to weak domestic demand
JFE and Mycron Steel have also signed a strategic collaboration agreement for JFE to supply hot rolled coil and technical assistance to help Mycron Steel boost its presence in automobile and...
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Euromoney Institutional Investor PLC.
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