06
Feb
00:00
Posco plans $2.66 billion capex in 2015
South Korea’s Posco plans to spend KRW 2.9 trillion ($2.66 billion) across the group in 2015, down slightly from KRW 3 trillion in 2014, it says. It adds that it expects its sales in 2015 to reach KRW 29.3 trillion, barely up from 2014’s KRW 29.2 trillion.
Much of the focus on investment for Posco’s core steelmaking arm may be on getting its Finex ironmaking technology more widely used, Kallanish notes. The company has said it expects to co…
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Anonymous
Very good overview of the weekly steel market.
Anonymous