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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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