31
Dec
06:48
CFHI signs multi-billion dollar investment project in Indonesia
China's metalworking equipment manufacturer China First Heavy Industries (CFHI) has signed a letter of intent for an $8.5 billion investment with Indonesia’s Palu Special Economic Zone (SEZ). It intends to develop metal smelters in the zone, Kallanish notes.
CFHI expects to build three factories that produce steel, nickel and copper, starting in the next six months, according to Andi Mulhanan Tombolotutu, gene…
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Anonymous
Very good overview of the weekly steel market.
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