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09 Jun
05:57

Yong Sheng to distribute Vietnam Posco in Cambodia

Yong Sheng Global Trading, part of Cambodian conglomerate Royal Group, says it has signed a deal to become the exclusive distributor in Cambodia for Posco’s Vietnamese subsidiary, Posco SS-Vina. Posco SS-Vina commissioned its 1 million tonnes/year special steel bar mill in northern Vietnam in early 2015. Vietnam Steel Corporation is its major distributor in Vietnam. Cambodian steel imports reportedly dropped sharply in 2015, falling -35.7% to just 265,4…
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