04
Aug
11:44
Formosa pays damages but remains a target
Taiwan’s Formosa Plastics Group says it has already paid the first half of the $500 million fine it agreed to pay for releasing toxic waste water which poisoned a large swathe of Vietnamese coastline. Vietnam still has the company in its sights however, accusing it of dumping further illegal waste on land, Kallanish notes.
Formosa has been in the process of commissioning its Ha Tinh steelworks project in Vietnam since late 2015 but has yet to complete comm…
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Anonymous
Very good overview of the weekly steel market.
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