27
May
01:00
Posco finally receives China Finex approval
Korea’s Posco has received final government approval for its Finex iron making and autosheet rolling joint venture with China’s Chongqing Iron and Steel (Chonggang). The project has been on the table for several years as Posco has struggled to have its proprietary technology accepted elsewhere, Kallanish notes.
The proposed 3 million tonnes/year plant has yet to start construction after more than four years of planning. Posco said earlier this ye…
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Anonymous
Very good overview of the weekly steel market.
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