PT. Walsin Everising Specialty Steel Indonesia

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New facility

Nov 12, 2024NEW FACILITYMorowali Industrial Park, Indonesia, Indonesia$9.15Mops Q1 2027
Walsin to build stainless steel wire rod plant in Indonesia
Walsin's board resolved to increase capital of its Singapore subsidiary by $9.15 million to build a stainless steel wire rod plant in Morowali Industrial Park, Indonesia. The plant will produce 300-series stainless steel wire rods with an annual capacity of 300,000 mt, expected to be completed in Q2 2026 and start mass production in H1 2027.
Walsin Lihwa Corporation Walsin Singapore Pte. Ltd. investor PT. Walsin Everising Specialty Steel Indonesia target #Steel and Metal Products news.metal.com

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PT. Walsin Everising Specialty Steel Indonesia: plants, expansions, contracts and acquisitions · Endata