Tag: Posco
POSCO signs MOA to sell its FINEX 1 plant
Multinational steel maker, POSCO will move to install its FINEX 1 plant with an annual capacity of 600,000 tons to the Indian private steel company, Mesco Steel. POSCO, which has comprehensively examined the application plan for facilities after completing the FINEX 1 plant in 2014, decided to move facilities in the Odisha region in India as a result of continued consultation with Mesco Steel.
Value improvement award for POSCO from Toyota
POSCO was the only overseas steel corporation to receive the 'Excellent Value Improvement Award' from Toyota Motors, the global automobile company, for the second year running. Toyota announced and awarded its excellent suppliers at the yearly Toyota global supplier convention in Nagoya.
POSCO CEO urges increasing competitiveness
POSCO CEO Kwon Ohjoon inspected leading production corporations, Guangdong Pohang Automotive Steel Corporation and Zhangjiagang Pohang Stainless Steel Corporation in China in order to encourage their executives and staff members.
Siemens modernises SSC caster at Posco
Siemens Metals Technologies modernised and put into operation a single-strand continuous caster at Pohang Iron and Steel Co.
POSCO to build a lithium plant in Argentina
POSCO is building a large demo plant in South America as a prelude to the world’s first lithium extraction technology it developed. POSCO held an event on 1 August at the Pohang Plant of POSCO PLANTEC to celebrate the transfer of a massive demo plant facility.
POSCO revises management strategy
POSCO CEO Kwon Oh-joon hosted his first Investors Forum at the Korea Exchange in Yeouido, Seoul, where he announced the new management strategy, ‘growth with substantiality’, outlined by focusing on core steel businesses and establishing the foundation for mega-growth, business restructuring for management efficiency, and securing soundness in financial structure.