Tag: Posco

Kibar and POSCO to build stainless plant

Kibar Holding has signed a deal with POSCO and its affiliate Daewoo International to build a stainless steel cold rolling plant in northwest Turkey.

Mullarkey new president of United Spiral Pipe

Patrick J. Mullarkey has been named President of United Spiral Pipe LLC, a spiral welded tubular products manufacturing JV between POSCO, United States Steel Corporation and SeAH Steel Corporation.

POSCO, KNOC, Samchully JV

POSCO has entered into a joint shareholders agreement with Samchully and Korea National Oil Corp. to survey two oil and gas fields in West Ferghana/Chinabad in Uzbekistan.

JV for IMFA and POSCO

Indian Metals and Ferro Alloys (IMFA) has teamed up with POSCO to produce ferrochrome in India.

Eco nod revoked for Posco

Members of a Government-appointed panel reviewed the green clearances for Posco’s proposed steel project in Orissa and recommended that the forest and environment clearances be revoked immediately.

ArcelorMittal denies stainless steel JV

ArcelorMittal has announced that it has no intention to dispose of its stainless steel business despite a Financial Times report saying it was considering either a disposal or a joint venture of its stainless steel division.

POSCO’s coal price burns

POSCO, agreed on 7 April 2008 to pay 200% more for the coking coal it will get from an unnamed Australian miner in 2008.

200 series stainless steel

Since the end of November of this year, South Korea-based Posco has been producing 200 series stainless steel, and offering the test run products to their customers.

Steel facility in Kawasaki

POSCO and Nissan Motor Co. will build a processing plant at Kawasaki in Japan to make automotive and stainless steel.

Stainless CR production cut

Due to the slower demand in South Korea and the fact that the price of nickel is falling, South Korea-based Hyundai Steel will start its fourth production cut in stainless steel cold rolled (CR) this year, said an official from Hyundai Steel.