27
Mar
08:07
Eastern Steel may slow expansion plan amid downturn
Eastern Steel, a joint venture between Malaysian steelmaker Hiap Teck Venture and Chinese steel producer Beijing Jianlong Group, may slow down its expansion plan, which is targeting 5 million tonnes/year of steel capacity.
An Eastern Steel representative said on the sidelines of Kallanish Asia Steel Markets 2024 in Ho Chi Minh City on Wednesday that the firm is currently targeting to achieve 3.5-5m t/y of steel production in three years’ time, subject …
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Anonymous
Very good overview of the weekly steel market.
Anonymous