14
Feb
08:49
Walsin Lihwa to invest $467m in China, Taiwan
Taiwanese stainless steelmaker Walsin Lihwa plans to invest TWD 13 billion ($467 million) to expand its plants in mainland China and Taiwan. This project starts in 2022 and is expected to be completed in three years, Kallanish notes.
Walsin Lihwa will start construction of its stainless steel wire rod project in Shandong Yantai this year, with a total investment of over TWD 7 billion. It is expected to reach a capacity of 300,000 tonnes/year of…
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Anonymous
Very good overview of the weekly steel market.
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