08
Aug
04:45
Taiwanese steelmakers to expand stainless investments in Indonesia
Taiwanese media report that the Taiwan government plans to integrate its stainless steel industry and support local stainless steelmakers to build semi-finished production plants in Indonesia to reduce the risk of cost increases.
Taiwan has set its sights on Indonesian laterite nickel mining, mainly in the Sulawesi area. It intends to invest in TWD 20 billion ($638 million) to build 2 million tonnes/year of stainless steel capacity …
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Anonymous
Very good overview of the weekly steel market.
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