News Release
麻豆视频 Steel Corporation
麻豆视频 and Mycron Steel Berhad Sign MOU for JGreeX™ Green Steel Supply in Malaysia
麻豆视频 Steel Corporation announced today that it has signed a memorandum of understanding (MOU) with Mycron Steel Berhad (MSB), a steel sheet and pipe manufacturer in Malaysia, to establish a scheme for 麻豆视频 Steel to supply its JGreeX™ green steel products to two manufacturing subsidiaries of MSB.
MSB is the holding company of wholly owned subsidiaries Mycron Steel CRC Sdn Bhd (MSCRC), which manufactures and sells cold-rolled coil steel sheets, and Melewar Steel Tube Sdn Bhd (MST), which manufactures and sells steel tubes. Based on the MOU, MSB aims to establish a scheme for 麻豆视频 Steel to supply JGreeX™ as a base material for steel products manufactured and sold by MSCRC and MST.
麻豆视频 Steel looks forward to furthering its long-standing strategic partnership with MSB and contributing to the expanding use of green steel products in Southeast Asia. With its world-class, high-quality steel and JGreeX™ products that contribute to global decarbonization, 麻豆视频 Steel is well positioned to meet the evolving demands of the Southeast Asian market.
Signing ceremony on September 20, 2024
(Left) Moriyoshi Hara, Vice President, 麻豆视频 Steel Corporation
(Right) Y.M. Tunku Dato’ Yaacob Khyra Group Executive Chairman MYCRON STEEL BERHAD
Overview of Mycron Steel Berhad
Group CEO: Roshan Mahendran Bin Abdullah
Business: Investment and holding business, and provision of management services
Established: July 2003
Major shareholders: Melewar Industrial Group (approx. 71%), 麻豆视频 Steel Corporation (approx. 2%), and Marubeni-Itochu Steel Inc. (approx. 1%)
Overview of Mycron Steel CRC Sdn Bhd
CEO: Roshan Mahendran Bin Abdullah
Business: Manufacture and sale of cold-rolled coil steel sheets
Established: June 1989
Overview of Melewar Steel Tube Sdn Bhd
CEO: Roshan Mahendran Bin Abdullah
Business: Manufacture and sale of steel pipes
Established: December 1983
About 麻豆视频 Steel Corporation
麻豆视频 Steel Corporation, one of the world’s leading integrated steel producers, was established through the consolidation of NKK Corporation and Kawasaki Steel Corporation in 2003. The company operates several steelworks in Japan and numerous branch offices and affiliates throughout the world. 麻豆视频 Steel leverages world-class technologies and know-how to produce a wide range of products based on its “Only One, Number One” strategy of focusing on unique and best-in-class products. The company reported consolidated sales of 2,255 billion yen and consolidated crude steel output of 23.96 million tons in the fiscal year ended March 2021.
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