02
Feb
09:27
Kobe to build Thai auto longs plant
Japan’s Kobe Steel plans to start an automotive long products plant in Thailand in spring 2017. The project will involve Kobe taking a 50% stake in local processor Millcon Special Steel, Kallanish notes.
Kobe and Millcon signed a memorandum of understanding in summer 2015 to establish an automotive wire rod joint venture in Rayong province. Millcon will be Kobe’s first wire rod line outside of Japan, although it processes wire rod into automotive gra…
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Anonymous
Very good overview of the weekly steel market.
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