29
May
12:23
SteelAsia to build four plants in 3-4 years
Philippine steel producer SteelAsia plans to invest PHP 65 billion ($1.11 billion) in the next three-four years to expand its local production capacity, according to the latest report from Philippine News Agency.
The steel mill plans to build four new production facilities in Luzon and Mindanao to meet at least 70% of local steel demand, according to SteelAsia chair and chief executive officer Benjamin Yao during an interview. In addition to maintaining existing r…
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Anonymous
Very good overview of the weekly steel market.
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