Vietnam-Japan steel venture officially opens Business

Vietnam-Japan steel venture officially opens

Vietnam’s Mechanization Electrification Construction Corporation JSC and Japan’s JFE Steel Corporation held an opening ceremony for the two companies’ newly merged unit, Agrimeco & JFE Steel Products Co., Ltd.
Sales of steel products increase by 25 percent Business

Sales of steel products increase by 25 percent

The domestic structural steel market has seen a growth rate of between 25 and 30 percent in sales thanks to the strong recovery of the domestic real estate market, said independent market watch-dogs.
Business

Nghe An draws 1.28 bln USD in investment capital

From the beginning of this year, Nghe An has granted licences to 93 projects with a combined capital of 27,885 billion VND (1.28 billion USD), according to the province’s Department of Planning and Investment.
World

Japanese steel firm to build plant in Indonesia

Japan’s Nippon Steel & Sumitomo Metal Corp. will build a steel plant on the outskirts of Jakarta, Indonesia to manufacture automotive-use steel sheet, under an agreement with the Indonesian state-owned company Krakatau Steel.