10
Jul
14:10
Nansei Vietnam to invest in Pomina Steel
Vietnam's Pomina Steel has found a strategic partner, Kallanish understands.
Nansei Vietnam will invest into Pomina, a Pomina source says. “They will be our strategic partner. The details will be announced at our general shareholder meeting on 14 July,” the source notes.
The investment will pertain to Pomina 3, the company’s 1 million tonnes/year blast furnace billet plant which was shut down last September to minimise financial losses,…
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Anonymous
Very good overview of the weekly steel market.
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