08
Mar
00:00
Vietnam condemns officials in Formosa investment
Vietnamese inspectors have found that local officials broke rules in giving incentives for the construction of Formosa Plastics’ 10.5 million tonnes/year greenfield steelworks, according to local media. The project has had a complicated history with the authorities, which could remain a thorn in Formosa’s side as it ramps up production, Kallanish notes.
Ha Tinh Steel has been licenced for 70 years by local authorities even though Vietna…
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Anonymous
Very good overview of the weekly steel market.
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