ferro-alloys.com:August crude outputs of JSW’s steels inclines 13% yoy to 1.25 mt

The move is said to capitalize on the growing demand for steel in Vietnam’s fast-growing northern region.

Subdued construction demand is also a trigger for such cutbacks.

By the end of 2018, there were 532 coal mines in the region, with an annual production capacity of 1.33 billion tonnes.

On Sept. 23, the Deutsche Boerse announced Wednesday evening in an online note.

"I think steel touches all parts of the economy..."

The purpose of the proposed fundraising is refinancing its existing high-cost debt.

Between January and August, Hoa Phat sold 252,883 tonnes of steel to the domestic market.