Posted inAT Finance, China, Philippines

Chinese steel-making giant to invest US$4.4 bn in Philippines

Hesteel Group, a Chinese iron and steel manufacturing conglomerate, is investing US$4.4 billion in the Philippines to set up a joint venture, The Paper reported. The second largest steel group in China is planning to bond with Steel Asia Manufacturing Corporation to set up an enterprise that integrates iron making, steel making, rolling and deep […]

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