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19 Jan
11:44

Taiwanese steelmakers to list zinc subsidiary

Taiwan Steel Union plans to launch its initial public offering (IPO) at the end of January. The zinc recycler is jointly invested by 12 steel companies with Tung Ho Steel and Feng Hsin Steel the largest shareholders, Kallanish notes. Taiwan Steel Union collects EAF dust and extracts the remaining zinc for resale to galvanisers and other consumers. It can process up to 198,900 tonnes/year of EAF dust. It will be issuing 11.33 million new shares next week, includi…
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