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Marubeni-Itochu Steel

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JFE Steel, Marubeni-Itochu Steel, Senaat to Launch Large OD Pipe JV in UAE

12 March 2015 - JFE Steel Corporation, Marubeni-Itochu Steel Inc. (MISI), and Senaat GHC, a private joint-stock general holding company owned by the government of the Emirate of Abu Dhabi, have agreed to establish a joint-venture company in Abu Dhabi, called Al Gharbia Pipe Company, to manufacture and sell large-diameter welded steel pipes, mainly for the energy industry.

Marubeni-Itochu to Build Joint Venture Steel Processing Center in Pakistan

12 March 2014 - Marubeni-Itochu Steel Inc. (MISI) announced an agreement with Dawood Engineering (Pvt.) Ltd.—a local manufacturer of automotive parts and components in the Islamic Republic of Pakistan—to jointly establish a new company outside of Karachi City in Sindh Province, Pakistan.

JSW Plans Revamp of Dolvi Blast Furnace

11 February 2014 - Nippon Steel & Sumikin Engineering Co., Ltd. (NSENGI)’s Plant and Machinery Division and Marubeni Corp. were awarded a contract by JSW Steel Limited, for the revamp of a blast furnace at its Dolvi Works in India.

Worthington Announces Steel Processing Joint Venture in China

02 October 2013 - Worthington Industries, Inc. has reached an agreement in principle to participate in a joint venture near Shanghai, China, to produce cold rolled strip steel primarily for the automotive industry.

Marubeni-Itochu Acquires U.S. OCTG Distributor Sooner Inc.

09 September 2013 - Marubeni-Itochu Steel Inc. has reached an agreement with Oil States International Inc., that Marubeni-Itochu Tubulars America Inc., a subsidiary of MISI, will acquire 100% of Sooner Inc., a subsidiary of OIS, for approx. US$600 million.

JFE Steel to Launch Steel Pipe Manufacturing and Sales JV in Zhejiang, China

16 May 2013 - JFE Steel announced that it, Kawasaki Kokan Co., Marubeni-Itochu Steel Inc. and Taiwan's largest cold drawn pipe manufacturer Shuan Hwa Industrial Co. signed an agreement to establish a joint-venture company in Zhejiang Province, China.

JFE, KSP Steel and Marubeni-Itochu Agree to Strengthen Partnership

19 February 2013 - JFE Steel Corporation, KSP Steel LLP and Marubeni-Itochu Steel Inc. (MISI) announced the signing of a memorandum of understanding to discuss how to strengthen their partnership in the steel industry of Kazakhstan and neighboring countries.

JFE, Sahaviriya Steel and Marubeni-Itochu Steel Sign Partnership Agreement

31 October 2012 - JFE and MISI will invest US$25 million each in Sahaviriya Steel Industries (SSI), increasing their stakes in the joint venture company, Thai Cold Rolled Steel Sheet. JFE has agreed to support SSI with a continuous supply of steel as well as help to imiprove operational performance through technical cooperation.

Marubeni-Itochu to Boost Capacity at OCTG Threading Company in Malaysia

30 August 2012 - Marubeni-Itochu Steel Inc. announced it will increase processing capacity at Sobena Offshore Inc., an OCTG threading company operated in Malaysia by Marubeni-Itochu Tubular Asia), a Singapore-based MISI Group steel pipe sales company.

MISA Becomes Sole Owner of RSDC of Michigan

03 July 2012 - Marubeni-Itochu Steel America Inc. (MISA) has reached agreement with Steel Technologies to acquire 100% interest in RSDC of Michigan. The plant, located in Holt, Mich., was previously a 50/50 joint venture between the two companies.