Taiwan's Yieh United Stainless Steel (Yusco) is to invest NT 2 dollars bn (US 57.7 dollars m) in a new 250,000 tpy stainless billet caster at its main works in Kaohsiung. The facility will enable Yusco to meet demand from the stainless operations that it recently acquired through its part-takeover of Yieh Hsing Enterprise. The billet caster will also complement Yusco's plans to expand in mainland China, a company spokesman told MB. Com, by freeing up extra slab capacity at its combined billet and slab caster.
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