16
Sep
01:00
JFE puts Vietnam flats project to sleep
Japan’s JFE Steel has cancelled a memorandum of understanding (MoU) with Taiwan’s E United Steel and discontinued its feasibility study into a joint steelworks project in Vietnam, it said in a three-sentence press release on Tuesday.
JFE and E United signed a MoU in March 2012 and JFE began a feasibility study into the $3.6 billion steelworks at the Dung Quat industrial park in central Vietnam’s Quang Ngai. It initially expected a decision …
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