Marubeni-Itochu Steel Establishes a Joint Sales Company with Italian Company for Lamination Products

Marubeni-Itochu Steel announced on 19th the firm and EUROGROUP in Italy, Europian biggest lamination products maker, agreeded to establish a sales company of lamination products with joint in Shanhai. Marubeni-Itochu Steel plans to expand the sales of lamination products to Europian companies, because demand of magnetic steel sheet is rising due to market expansion of lamination products of iron core for generator and motor.