Marubeni-Itochu Steel to Establish Reinforcing Bar Processing Joint Firm in Indonesia

Marubeni-Itochu Steel announced on 31st to establish reinforcing bar processing company in Indonesia with KRAKATAU WAJATAMA which is a Indonesian national public reinforcing bar maker and NAT STEEL ASIA which is a Singapore’s reinforcing bar maker. Joint firm will construct the factory which has annual 70,000 tons processing capability in Jacarta city, and start operating in the end of this year.