industrialinfo.com - Tata Steel Forms Joint Venture to Set Up $5 Billion Steel Complex in Vietnam

North America Coverage

International Coverage

North American Industrial

International Industrial

Niche Databases

PECWeb Access

PECWeb Overview

Software Solutions

Navigating the Currents of Change

Industry Today Webcast

Industry News Alerts

Industry Forecasts

Online Plant Directory

Industrial Market Maps

Contact Mailing Lists

Premium News Subscription

Industry Today Webcast

Email Campaigns

Banner Advertising

Press Release Services

Premium News Article

Tata Steel Forms Joint Venture to Set Up $5 Billion Steel Complex in Vietnam

BANGALORE, INDIA--August 21, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--Within days of withdrawing a proposed investment plan of $3 billion in Bangladesh because of the country's prevalent political instability and the non-committal stance of the government, Tata Steel (BOM:500470) (Mumbai, India) firmed up its plans of developing a steel complex with a capacity of 4.5 million tons per year in Vietnam. The project will have an estimated cost of $5 billion. Essar Steel (Mumbai), POSCO (NYSE:PKX) (Pohang, South Korea) and Baosteel (Shanghai, China) were also reported to be in the race with Tata Steel for the project.

Read the Complete Article >>>

Details on this Article:
Industry Segment: Metals & Minerals
Word Count: 565 Words

Listen to Today's News

News Audio Library

Sync News Podcasts

Login or Register now for instant access!

Related Articles

Baosteel to Suspend 10 Million-Ton Iron and Steel Project in Zhanjiang

Vale Signs 10-Year Contract with SABIC for Supply of Direct Reduction Iron ...

Kazakhmys Mining Company Set to Borrow $2 Billion for Boschekul and Aktogay...

Cameroon Alumina Locates 550-Million Ton Bauxite Reserves

Cameroon to Receive $5 Billion Iron Ore Sales Royalty from Australia's Sund...

This article is available for Premium Members only.

Subscribe Now! All Fields are Required...

Upgrade your Premium News Subscription to include all archived articles for only $160. Contact Member Services: 800-762-3361

All Members Receive the Following Free Resources:

North American Project & Gap Spending

North American Plant Analysis by Industry & Market Region

Market Maps & Stats - Capital & Maintenance Activity

Current & Historic Economic Indicators

30/60/90 Day Weather Forecast