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12 Jun
01:00

Japans Kobe Steel, Thailands Millcon Steel mull wire rod jv

Japanese steel mill Kobe Steel and Thai steel products maker Millcon Steel have agreed to consider the establishment of a joint venture (jv) to produce and sell steel wire rods in Thailand. The joint entity will supply the growing automotive industry in the region, Kallanish learns from Kobe Steel. A memorandum of understanding has been signed between the two companies ahead of Kobe Steel acquiring a stake in Millcon Special Steel, a wholly-owned unit of Mil…
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