The chairman of Yieh United Steel Corp. (Yusco), the largest integrated stainless steel mill in Taiwan, mentioned the Indonesian nickel mine was developing smoothly, with the first ship being shipped to Fujian for smelting and the second being loaded.
If the stainless-steel factory could be backed up by sufficient nickel raw materials, its competitiveness will be greatly improved.
Indonesia was currently investing in ferronickel and stainless steel electric furnaces, and the final product was stainless steel slab. The electric furnaces were expected to be completed in 2 years.
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