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03 Feb
09:12

Chonggang-Posco autosheet project progresses

China’s Chongqing Iron and Steel (Chonggang) has fully approved an autosheet joint venture with South Korea’s Posco, and Posco representatives have arrived on site to begin work on the project, Chonggang says. Chonggang’s focus remains on the rapidly growing local autosheet market, rather than on the Finex plant Posco has been pushing for years, Kallanish notes. By 2 February, all Chonggang committees and the board of directors had given final …
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