Reuters reported that shares in Thailand's largest stainless steel maker Thainox Stainless INOX BK jumped by 6.5% after a report that South Korean steel maker POSCO was in the final stages of talks to buy a stake.
Mr Prayuth Mahagitsiri chairman of Thainox Stainless declined to comment when contacted by Reuters.
(Sourced from www.reuters.com)
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