01
Jun
13:10
Yongjin to terminate investment in Indonesia
China-listed Zhejiang Yongjin Metal Technology Co., Ltd. on 1 June announced its decision to terminate its investment in a cold rolled stainless steel strip project in Indonesia, Kallanish notes.
The plan has been approved by the board of directors of Yongjin, and the management was authorized to cancel the registered project company and handle other matters.
In early 2022, Yongjin started to promote the project with Zhejiang Qingzhan Industrial Company. They de…
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Anonymous
Very good overview of the weekly steel market.
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