28
Aug
05:24
Tsingshan, Huafon develop Indonesian metallurgical-chemical base
Leading Chinese stainless steel producer Tsingshan Iron & Steel Group and major chemical materials company Huafon Group have signed a strategic cooperation agreement to develop a metallurgical-chemical base in Indonesia.
The two companies plan to invest $3 billion into the joint venture. This will explore a joint development model of the steel and chemical industry, and commit to establishing a metallurgical-chemical integrated production…
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Very good overview of the weekly steel market.
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