03
Mar
07:44
Yongjin increases investment in Vietnamese subsidiary
China-listed Zhejiang Yongjin Metal Technology Company plans to increase investment by $12.71 million with its partner Guangdong Foshan Lianhongyuan Stainless Steel in Yongjin's Vietnamese subsidiary.
After the capital increase is completed, Zhejiang Yongjin will control 72% of Yongjin Metal Technology (Vietnam), while Foshan Lianhongyuan will control the remaining 28%, Kallanish notes.
Yongjin's Vietnam stainless steel plant is approaching com…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous