Nippon Steel sets up joint venture with local firms
The Jakarta Post
Nippon Steel Trading Co., Ltd., the steel-trading arm of Japan’s largest steel maker, Nippon Steel, has set up a joint venture with three local companies to produce steel for the fast-growing automotive industry in Indonesia.
The firm’s president, Tetsuo Imakubo, said on Wednesday evening that his firm would control a 30 percent share of the newly established joint venture, PT IndoJapan...
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