28
Jul
12:23
VSA says Vietnam should restrict foreign steel investment
The Vietnam Steel Association (VSA) has said the government should consider restrictions on foreign ownership of steelmaking companies. While VSA mentions stainless steel as a sector that is growing and has attracted interest from foreign companies, it does not mention the elephant in the room: the entirely foreign-owned Formosa Ha Tinh, Kallanish notes.
With the domestic sector booming, local companies can raise funds for major steelmaking projects, and fo…
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Anonymous
Very good overview of the weekly steel market.
Anonymous