19
Nov
09:46
Dongkuk invests in colour coat line
Troubled South Korean steelmaker Dongkuk Steel plans to build a new colour coating line at its Busan plant. The company has been trying to diversify away from its loss-making heavy plate division and its Brazilian slab joint venture has been delayed until next year, Kallanish notes.
The company will spend KRW 25 billion ($21 million) on the new line, which will add 100,000 tonnes/year of colour coating capacity to the 650,000 t/y plant. The investment follows fr…
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Anonymous
Very good overview of the weekly steel market.
Anonymous