Nippon Steel

Nippon Steel announced the capital participation to the cold-rolling equipment which ポスコ (South Korea and Pohang) is building by the Vietnam barrier ブンタウ 省 on January 29.
What contributes 15% of the total working expenses (about 37 million dollars) for the perfect subsidiary of ポスコ which is the construction subject of equipment, POSCO-Vietnam Co, and .Ltd, and makes POSCO-Vietnam the joint corporation by both companies.
Although both companies had considered the participation to this project from October, last year together, since it had agreed on the contents of joint-enterprise-izing, it became this conclusion of a contract.
Outline company name of a joint corporation 😛 OSCO-Vietnam Co, .Ltd. interest 😛 OSCO85%, 15% gross-investment frame of NIPPON STEEL: About 533 million dollars
LNEWS
http://www.lnews.jp/2009/01/30732.html
Main equipment: Pickling and cold-rolling equipment, 1,200,000t [/year ] manufacturing capacity, the continuation 焼鈍 70t [/year ] equipment president 😛 It is dispatch negative (hot-rolled steel product) supply from OSCO 😛 OSCO and NIPPON STEEL respond to interest and it is in supply equipment operation schedule time:September.
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