13
Oct
11:59
Posco signs automotive agreements
Posco and Renault Samsung Motors signed an agreement last week which could support the steelmaker’s share of Korean autosheet sales against rival Hyundai Steel. Posco says it expects autosheet sales to jump 20% from the 2014 level to top 10 million tonnes in 2018, Kallanish notes.
The agreement will see Posco autosheet used in the production of Renault sedans and SUVs in Korea. Posco says Renault will use its TVB-HPF autosheet technologies to reduce vehicl…
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Anonymous
Very good overview of the weekly steel market.
Anonymous