18
Nov
12:54
Alliance Steel continues to expand amid downturn
Alliance Steel, a joint venture between Guangxi Beibu Gulf Port International Group and Guangxi Shenglong Metallurgical, says it will not slow down the second phase of its expansion plan in Malaysia, despite global economic headwinds.
The firm plans to invest $1.8 billion in the second expansion phase at its steel plant located in Kuantan, the capital of the Malaysian state of Pahang. Upon completion, the company's capacity will be increased to 10 million ton…
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Anonymous
Very good overview of the weekly steel market.
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