16
Oct
04:02
Taiwan’s Yeung Chyang cooperates with Posco in Turkey
Taiwanese stainless speciialist Yeung Chyang recently accelerated its investment in a pipe factory in Turkey. It plans to cooperate with Posco for purchasing raw materials and is anticipating commissioning the facility in June 2021, Kallanish notes.
With investment of TWD 2.5 billion ($81.55 million), the launch of the project is planned by the end of 2019 in Istanbul. The company intends to reach 50,000 tonnes/year of output in the preliminary period.…
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Anonymous
Very good overview of the weekly steel market.
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