Tokyo based automobile recycling major, Keiaisha Co., Ltd. decided to start investment in domestic steel and nonferrous metals related companies through tie-up with private fund Crescent Partners in Tokyo. Keiaisha tries to expand the business into downstream including aluminium die-casting. The firm expects several billion to 10 billion yen of investment as early as in the year.
Keiaisha and Crescent Partners started the discussion since spring 2008. They already listed up several companies for the investment and will contact with the firms. Keiaisha’s business is automobile press parts making, secondary aluminium alloy making and trading of ferrous and nonferrous scrap along with automobile recycling. The firm seeks synergy with existing operations through the investment in other companies. Crescent Partners invested in Sapporo Breweries and Japanese System Engineering Corporation. The firm tries to expand the investment portfolio when the firm expects energy and mineral demand grows in long term under development of BRICs.| M | T | W | T | F | S | S |
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Japan Steel Scrap Composite Prices (Sangyo Press)
2024/11/21| H2 | NewCutting (PRESS) |
| 41300YEN (-) | 43200YEN (-) |
| 264.52US$ (-0.38) | 276.69US$ (-0.39) |
* Average of electric furnaces steel maker's purchasing price in Tokyo, Osaka and Nagoya (per ton)
- JMB Tieup company
- The Korea Metal Journal
- ferro-alloys.com
- Steel on the net
- AMM
- MEPS
