26
Jun
11:24
Global Ferronickel to commission Philippine rebar mill
Philippine nickel major Global Ferronickel Holdings says it expects to commission its planned rebar mill in the country in 2021. The mill will roll Chinese billet and the investment is being made jointly with Hong Kong-based Huarong Asia, Kallanish notes.
The 600,000 tonnes/year rebar mill will take a combined $30 million in investment and will be financed through internal cash and loans, says Global Ferronickel president Dante Bravo. He notes that the Philippin…
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