|  | 04/16/2008 |
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Kurosaki Harima to Get 3% Share in Magnesita Refratarios
Nippon Steel and Japanese major refractory maker, Kurosaki Harima Corporation announced on Tuesday Kurosaki Harima reached basic agreement to purchase 3% share in Brazilian major refractory maker, Magnesita Refratarios for around 4 billion yen and expands the partnership. Kurosaki Harima keeps providing technology licensing to Magnesita Refratarios while they seek new cooperation opportunities including refractory joint venture, joint raw material development and Kurosaki Harima's raw material purchase. Kurosaki Harima expands the long term partnership to support Nippon Steel's expansion of Brazilian business and to expand the offshore operations.
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 | Kurosaki Harima to Get 3% Share in Magnesita Refratarios
| | JFE Steel Raises H-Beam Price by 6,000 Y/t
| | Firm H-Beam Price in Tokyo
| | Flat Ni and Higher Cr Stainless Prices in Tokyo
| | Firm Ferrous Scrap Price in Tokyo
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