Nippon Steel, Nakayama creating joint venture to run bar, rod plant
Dec 28, 2004 | 06:01 AM
| Russ McCulloch
Nippon Steel Corp. and Nakayama Steel Works Ltd. have agreed to form a joint venture to own and operate the bar and wire rod facilities at Nakayama's Funamachi Works near Osaka, Japan.
The deal, to be formalized in 2005, will give Nippon Steel a coveted production base for these items in western Japan while helping Nakayama lift its overall operations and secure a cash injection of 1.7 billion yen ($16.5 million).....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here