You are here: Home > Steel News > Latest Steel News > China-based...

China-based Delong inks JV deal to build flat steel mill in Thailand

Tuesday, 25 February 2014 12:25:20 (GMT+3)   |   Istanbul
       

China-based steel manufacturing and trading group Delong Holdings Ltd has announced that its wholly-owned subsidiary Delong Steel Singapore Projects Pte. Ltd. (DSL) has entered into a joint venture agreement with three Thai-based companies, namely, Permsin Steel Works Public Company Limited (Perm), Asia Metal Public Company Limited (AMC) and Thai Yuan Metal Public Company Limited (TYM), to build a flat steel mill in Thailand.

The new steel mill will produce carbon structural steel, high quality carbon steel and low alloy steel with an annual production capacity of 600,000 mt. The construction of the mill is expected to be completed within 18 months. Total investment in the steel mill will amount to THB 1.4 billion ($42.9 million).


Similar articles

Nucor weekly Consumer Spot Price (CSP) for hot rolled coils steady following earlier weekly gains

04 Nov | Flats and Slab

CRC import price offers decline in Brazil

04 Nov | Flats and Slab

Ex-China steel plate prices move down further

04 Nov | Flats and Slab

Major steel and raw material futures prices in China – November 4, 2024 

04 Nov | Longs and Billet

US hot-rolled coil pricing largely flat on the week following recent spot market slump

01 Nov | Flats and Slab

Brazilian HRC export price declines in two weeks

01 Nov | Flats and Slab

Global View on HRC: Prices see only small corrections, but obvious improvement in trades

01 Nov | Flats and Slab

Romanian flat steel spot prices stable as demand fails to improve further

01 Nov | Flats and Slab

New prices from Vietnam’s Hoa Phat boost sentiments despite decline

01 Nov | Flats and Slab

Local Chinese PPGI prices rise slightly amid higher HRC futures prices

01 Nov | Flats and Slab