17
Dec
05:20
JFE to increase investment in China joint venture
Japan's JFE Steel plans to increase investment in and increase the capacity of its joint venture subsidiary in Guangdong province, Baowu JFE Special Steel, Kallanish notes.
The steelmaker will reportedly invest JPY 12 billion ($110 million) in the auto sheet plant, according to market sources. JFE will rebuild one of the plant's existing three production lines to increase its production capacity from 800,000 tonnes/year&n…
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Anonymous
Very good overview of the weekly steel market.
Anonymous