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Bangkok Post
Bangkok Post
Business

Millcon mulls new recycling venture

The Millcon steel factory in Rayong. The steel is used in construction and other industries, including car manufacturing.

SET-listed Millcon Steel, a Thai steel manufacturer, expects to conclude a new deal with partners in the fourth quarter to jointly develop recycling businesses to add value to scrap.

Millcon is in talks with 4-5 foreign companies, mostly from Japan, for the joint venture, said Pravit Horungruang, chief executive of Millcon.

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