03
May
13:26
Iran signs agreement with Posco
State-owned Iranian Mines and Mining Industries Development and Renovation Organisation (Imidro) has signed a €1 billion ($1.16 billion) memorandum of understanding with Posco for the transfer of steel technology, according to the Iranian holding.
The deal was inked during a visit to Tehran this week by Posco chief executive Oh Joon Kwon. The MoU is valid for a period of two years. Imidro did not respond before deadline to requests from Kallanish for furthe…
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Anonymous
Very good overview of the weekly steel market.
Anonymous