庫4.jpg)
Save
Print[Ferro-Alloys.com]It was acknowledged that Nickel Resources planned to invest in USD$15million to open a steel mill in Indonesia, which was expected to put into operation in 2015 and brought several hundred million dollars with capacity of 3million tons in Phase I.
Dong Zhongshu，the chairman of the group, said to set up plant inIndonesia had many advantages, like the low cost, high return rate and strong demand from its hosing and infrastructure. They planned to produce the lowest add-valued screw steel firstly, which would generate the profit of RMB300/mt per ton. And then would produce medium plate used as bridge and boat building.
For nickel price, it had already declined by 20% and would not increase in short term, Mr Dong said.
Copyright @ 2013 Ferro-Alloys.Com. All Rights Reserved. Please write to zhaolijuan@ferro-alloys.com for help.
Copyright © 2013 Ferro-Alloys.Com. All Rights Reserved. Without permission, any unit and individual shall not copy or reprint!
- [Editor:editor]
Daily News
Research
Magazine
Company Database
Customized Database
Conferences
Advertisement
Trade
Online inquiry
Contact
Tell Us What You Think