Tag: Steel Mill
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Chinese Firm Panuha Group to Set up a 10 MnT Steel Mill in Philippines
Chinese steel manufacturer Panhua Group Co., Ltd. formally signed a memorandum of understanding (MOU) with the Department of Trade and Industry (DTI), the Philippine Economic Zone Authority (PEZA) and the PHIVIDEC Industrial Authority for its USD 3.5-billion investment in the Philippines, which includes the establishment of an integrated steel mill. According to the DTI, Panhua’s…