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23 Nov
06:16

Taiwan Yusco announces $171m capacity expansion plan

Yieh United Steel Corp. (Yusco), a leading stainless steel manufacturer in Taiwan, held a board meeting on 21 November and passed two major proposals for capacity expansion and raising debt. In carrying out plant-wide equipment addition and renovation, Yusco plans to invest TWD 5.35 billion ($171 million), Kallanish learns. The company aims to expand carbon steel, hot rolling and cold rolling capacity, and improve the combination of steelmaking and high-value pro…
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