.jpg?lang=en-US&ext=.jpg)
POSCO
Latest News
POSCO, Maruichi Steel Celebrate 35-Year Relationship
30 November 2015 - South Korea’s POSCO recently supplied its 8 millionth ton of steel to Japan’s Maruichi Steel Tube Ltd., POSCO has announced.
POSCO Orders Vertical Annealing Furnace for New Galvanizing Line
19 November 2015 - The Fives engineering group has won a contract to design and build a high-performance vertical annealing furnace for a POSCO plant, the company has announced.
POSCO Looks To Establish Indian Mill Through JV
12 August 2015 - Two steel manufacturers are proposing to build a US$3 billion integrated plant in India that might one day produce 3 million tonnes annually, The Times of India reports.
South Korean, Chinese Steelmakers Investing Nearly $1 Billion In New Joint Ventures
11 August 2015 - South Korea's largest steelmaker is partnering with China's Chongqing Iron & Steel Co. on two joint ventures that will produce zinc-coated plates and cold rolled plates, The Korea Observer reported.
Steelmakers Set To Ink Deal on Technology Transfer
03 August 2015 - South Korean steelmaker Posco is expected to sign an agreement with India's Mesco Steel to transfer its Finex technology to a Mesco facility, according to the Business Standard newspaper.
POSCO Returns to Steel Roots With "Aggressive" Cutbacks
20 July 2015 - As reported by Bloomberg, Posco pledged to halve its domestic operations and cut overseas units by 30 percent as South Korea’s biggest steel producer focuses on its main business of making the metal.
POSCO to Supply Automotive Materials to Ssangyong Motor
07 July 2015 - On 23 June, POSCO signed an MOU with Ssangyong Motor, and opted to further enhance its global competitiveness by consistently evolving an amicable cooperative relationship between the two companies.
POSCO Named World's Most Competitve Steelmaker by World Steel Dynamics
11 June 2015 - POSCO, the world's fourth-largest steelmaker by production, announced that it topped the global competitiveness list in 2015 for the sixth consecutive year on the back of its technological innovations and talented workforce.
POSCO Investor Relations Meeting Announces Increase in Rate of Business Profit for the First Quarter
15 May 2015 - POSCO held an Investor Relations meeting on 21 April, where it announced that it had recorded 15.1 trillion won in sales revenue and 731 billion won in business profit on a consolidated basis for the first quarter.
POSCO to Construct Iron Manufacturing Plant in Turkmenistan Valued at $1 billion
27 April 2015 - POSCO Group will construct an iron manufacturing plant in Turkmenistan. Daewoo International signed a MOU for the construction project of the iron manufacturing plant for producing reinforced steel and pipe with a value of 1 billion dollars with the Ministry of Industry of Turkmenistan while attending the summit of both Korea and Turkmenistan on April 13th.
POSCO Establishes New Technical Service Center in Detroit
09 April 2015 - POSCO is focusing on automotive steel sheet production. In this context, the steelmaker is in a hurry to set up another technical service center in Detroit before the end of this year.
POSCO to Sell Stake in Construction Unit to Saudi Fund
17 February 2015 - South Korean steelmaker POSCO has signed a preliminary deal with Saudi Arabia's Public Investment Fund (PIF) to sell part of its construction unit for about 1.5 trillion won ($1.36 billion), Korea Economic Daily reported.
Modernized Stainless Steel Continuous Caster from Siemens Goes On Stream at Posco
29 October 2014 - Siemens Metals Technologies has modernized and put into operation a single-strand continuous caster at Pohang Iron and Steel Co. Ltd. (Posco) in Pohang, Korea, for production of stainless steel slabs.
POSCO Profits from Next Generation Inspection Technology from ISRA VISION PARSYTEC
26 August 2014 - POSCO and ISRA VISION PARSYTEC have forged a successful cooperative venture. ISRA VISION PARSYTEC was awarded the contract to install a SURFACE MASTER inspection system in the POSCO Pohang coupled pickle tandem line.
SMS Siemag’s Converter-Vessel Changing Concept Successfully Implemented at PT Krakatau-Posco Company
19 June 2014 - PT Krakatau-Posco Company (PTKP), Indonesia, and SMS Siemag (www.sms-siemag.com), Germany, have successfully put into operation the efficient converter-vessel changing concept involving a 300 ton change-vessel converter, a changing car as well as highly effective environmental technology for the converter shop.
POSCO Wins 'World's Most Competitive Steelmaker' Award
18 June 2014 - POSCO received the "World's Most Competitive Steelmaker Award" for the fifth consecutive year from renowned steel market information provider World Steel Dynamics (WSD), the company said Tuesday.
Posco Specialty Steel Commissions Peeling Machine from SMS Meer
29 May 2014 - Posco Specialty Steel, based in Changwon, Gyeongsangnam-do Province, South Korea, has successfully commissioned a peeling machine of the type-PMS 250 including polishing unit supplied by SMS Meer.
Praxair to Supply Industrial Gases to New Steel Mill in Brazil
31 January 2014 - Praxair, Inc. has signed a long-term contract to supply industrial gases to a new steel mill being built near the Port of Pecém, Ceara, Brazil.
POSCO Chooses New CEO
29 January 2014 - POSCO president Kwon Oh-joon has been selected as the company’s next CEO, following Joon-Yang Chung’s resignation.
POSCO Completes Construction of Second Continuous Galvanizing Line in Mexico
28 January 2014 - On 28 January 2014, POSCO completed construction of a second continuous galvanizing line (2CGL) with an annual capacity of 500,000 tons, in Altamira, Tamaulipas state, Mexico.
.png?lang=en-US&ext=.png)
