OJSC Mechel and the Japanese corporation Mitsui Co signed a cooperation agreement, said Mechel.
August 6, 2009 in the Moscow office of OJSC Mechel a meeting of leaders of both companies, which signed a memorandum of cooperation. On the part of the Russian company signeda memorandum of its general director, Igor Zyuzin, from Mitsui Co. Ltd. - Member of the Board of Directors of the corporation Noriaki Sakamoto.
In the text of the memorandum states that the parties have considerable experience in the production and sale of raw materials and steel products in Russia, Japan and other countries around the world and have the intention to expand the geography of its activities and range of sales, including production of high reinforced.
In this regard, the parties plan to collaborate on various fronts, among them - marketing and sales of steel products and raw materials, including coal, all kinds of ferro-alloys, pig iron, billets and other steel products. Also planned joint investment projects, including joint ventures in the areas of commodity production, ferrous and nonferrous metallurgy, marketing and distribution.
The cooperation will extend to the sphere of logistics, where the parties intend to explore opportunities and take joint action to improve cash flow and minimize the cost of transporting goods.
To develop mutually beneficial joint projects the parties also intend to cooperate in the sphere of attracting funding.
With a view to effective implementation of cooperative activities under this Memorandum Mechel and Mitsui will set up working groups which will comprise representatives from both companies.
Corporation Mitsui Co. Ltd. is one of the world's leading diversified trading and investment company with headquarters in Tokyo, notes the report Mechel.
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Mechel and the Japanese Mitsui Co plans to establish a joint venture for the production of commodities
OJSC Mechel and the Japanese corporation Mitsui Co signed a cooperation agreement, said Mechel.
August 6, 2009 in the Moscow office of OJSC Mechel a meeting of leaders of both companies, which signed a memorandum of cooperation. On the part of the Russian company signeda memorandum of its general director, Igor Zyuzin, from Mitsui Co. Ltd. - Member of the Board of Directors of the corporation Noriaki Sakamoto.
In the text of the memorandum states that the parties have considerable experience in the production and sale of raw materials and steel products in Russia, Japan and other countries around the world and have the intention to expand the geography of its activities and range of sales, including production of high reinforced.
In this regard, the parties plan to collaborate on various fronts, among them - marketing and sales of steel products and raw materials, including coal, all kinds of ferro-alloys, pig iron, billets and other steel products. Also planned joint investment projects, including joint ventures in the areas of commodity production, ferrous and nonferrous metallurgy, marketing and distribution.
The cooperation will extend to the sphere of logistics, where the parties intend to explore opportunities and take joint action to improve cash flow and minimize the cost of transporting goods.
To develop mutually beneficial joint projects the parties also intend to cooperate in the sphere of attracting funding.
With a view to effective implementation of cooperative activities under this Memorandum Mechel and Mitsui will set up working groups which will comprise representatives from both companies.
Corporation Mitsui Co. Ltd. is one of the world's leading diversified trading and investment company with headquarters in Tokyo, notes the report Mechel.
Precious metals market review for 07.08.09
The technical analysis of currency pairs
Turkey could obtain better terms of delivery of gas from Russia
Dynamics trades on the Russian market, as always, determined by the movement of futures on indices and U.S. oil
Better market today traded securities PIK Group, but they are subject to significant risks
Oil quotes near several maxima, do not provide adequate support to the market
On Tuesday, a regular meeting held on Wednesday the U.S. Federal Reserve, which will be decided on the level of the base interest rate for the time being
GM is considering proposals to purchase shares in Opel without national bias'
The course has increased the dollar - the evening review of cash markets