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13 Nov
08:08

Formosa Ha Tinh confirms third blast furnace study

Vietnam’s Formosa Ha Tinh has confirmed that it will carry out a feasibility study into investing in a third blast furnace starting in 2019. The Taiwanese-invested plant became Vietnam’s first major blast furnace-based hot rolled coil producer when it commissioned the first of two operating furnaces in 2016, Kallanish notes. Formosa Plastics Group chairman Chen Yuancheng told local media that the plant had enjoyed strong Southeast Asian demand and so…
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