27
Feb
09:37
Vietnam's Thaco plans to invest in Pomina 3
The long-awaited restructuring of Vietnam’s listed Pomina Steel Group will be announced at an extraordinary shareholders meeting at the end of this week. Truong Hai Group (Thaco) will be the new investor in the company’s Pomina 3 steel mill, Kallanish notes.
Thaco Group is heavily involved in Vietnam’s automobile industry. A new entity, Pomina Phu My, will be created with Thaco. Pomina will contribute capital by transferring all land, plant…
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Anonymous
Very good overview of the weekly steel market.
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