13
Oct
11:56
Vietnam Steel divests port stake
Vietnam Steel Corporation (VSC) has decided to divest its stake in Thi Vai International Port. The steelmaker says it will gain at least VND 90 billion ($4 million) from the sale but it has invested almost as much in the port company this year alone, Kallanish notes.
VSC has reportedly invested VND 81.2 billion in Thi Vai in the first half of this year. The port is primarily for containers and accounts for around 60% of container-loading capacity in Vietnam. Jap…
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Anonymous
Very good overview of the weekly steel market.
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