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JFE Steel Renews Cooperation

GMH of Germany in Special Steel

JFE Steel Corporation and Georgsmarienhütte GmbH (GMH) of Germany agreed to renew a comprehensive cooperation agreement on special steel bars for parts manufacturers in the automotive and bearing industries signed in April 2002.

Mutual technology exchanges between JFE Steel and GMH have helped both companies to respond better to the needs of rapidly globalizing automakers and parts manufacturers.

The agreement was renewed because the companies consider continued partnership to be an effective means for responding to the increasingly sophisticated requirements of the abovementioned sectors.

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