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KM Financial Solutions | China’s HBIS to invest in $4.4 bln steel project in Philippines
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China’s HBIS to invest in $4.4 bln steel project in Philippines

16 Dec China’s HBIS to invest in $4.4 bln steel project in Philippines

Posted at 11:06h in News by
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HBIS Group, China’s
second-biggest steelmaker, has signed a memorandum of
understanding on a $4.4 billion project in the Philippines that
will eventually produce 8 million tonnes of steel per year,
according to Chinese state media reports and a statement from
the Philippines.

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