Marubeni-Itochu Steel announced on June 29th to reorganize and bolster auto-flat steel processing bases in US.The firm acquires 100% ownership of RSDC Michigan, the world’s largest blanking company, by adding acquisition of 50% shares.The firm will close Michigan firm of MISA Metal Blanking which is totally-held subsidiary, and integrate its equipments into Alabama factory.
Japan Steel Scrap Composite Prices (Sangyo Press)07/08/2020
|22100YEN (-200)||24200YEN (-100)|
|203.33US$ (-2.58)||222.65US$ (-1.73)|
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)