18
Jan
13:38
Myanmar steelmakers seek investment
Myanmar’s finance and industry ministries are searching for foreign investors to revive a local steel mill in Mandalay province, Kallanish notes.
The No. 1 Steel Mill in Myingyan is estimated to have 1.8 million tonnes/year steel capacity from two EAFs. In addition, the No. 2 Steel Mill in Pang Pet is also planning to attract foreign investments.
A spokesman from the heavy industrial department says that nearly BUK 225 billion ($153 million) will be needed …
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Anonymous
Very good overview of the weekly steel market.
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