Wisco bound for Southeast Asian market

Wisco Kunming Steel has begun building a complex project in Vientiane, Laos that consists of steelmaking, rolling, iron reduction plants and mining assets. The project, China's first integrated steel project in Southeast Asia, will start with mining activities and is due to be completed at the end of 2011. Taiwan's Formosa and Posco have already set foot in the resource-rich nation.