23
Jun
12:48
Daehan Steel, Yamato cooperate on Korean rebar mill
Japan's Yamato Kogyo has announced the sale of a 51% stake in its South Korean rebar plant, YK Steel, to South Korean electric arc furnace rebar producer Daehan Steel. This is to promote the development of the rebar plant. The new cooperation is expected to start in September this year, Kallanish notes.
The plant has a steelmaking capacity of 930,000 tonnes/year and a rolling capacity of 1.18 million tonnes/year, and mainly produces bar. The plant posted …
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