Facing difficult times at home, Singapore's diversified steelmaker NatSteel is turning to its overseas investments to provide new opportunities for growth. The company is considering a move into Thailand's construction steel sector and is also looking to expand its steel rolling operations in China and Vietnam, as well as melting capacity at its Brazilian associate Acominas.However, difficult market conditions have also forced the company to rethink its production strategies closer to home. The EAF-based Singapore plant recently slashed steelmaking capacity by 35 percent, part of a restructuring that dragged the company into the red for the first half of the year.
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