10
May
10:04
Posco's Vietnam subsidiary to sell rebar mill
Korean steelmaker Posco has publicly sought buyers for its rebar rolling mill in Vietnam due to the facility’s poor financial performance in the past few years, Kallanish notes.
Italian technology provider Danieli Group supplied the mill to Posco's Vietnam plant in 2015. The mill is able to produce 500,000 tonnes/year of rebar in diameters of 10-51mm using 160x160mm billet. The sale will go through public bidding and is expected to be conc…
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Anonymous
Very good overview of the weekly steel market.
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