Tag: Posco

Plate mill starts operations

China-based Kunshan Dageng Stainless Steel’s new medium and heavy plate mill has come into operation.

Stainless substitutes

Because of high nickel costs, stainless steel producers are forced to continue to look for alternative material to lower nickel alloys.

World’s first continuous tandem mill

POSCO has awarded a contract to SMS Demag the supply of a continuous tandem mill with 18-high cold rolling stands for the economical production of high-quality special steel strip.

Nickel-free grades promoted

Stainless steel producers have taken on board customer backlash against the rising cost of nickel.

Posco promotes zero-nickel stainless

Posco, the largest steelmaker in South Korea, has developed a new stainless steel, graded POS445NF.

No-nickel SS increase

In order to balance the continuously hiking nickel cost with the profit margin, South Korea-based Posco is now shifting its production to 400 series stainless steel instead of its 300 type.

Price hike for 300 series SS

POSCO will raise the prices of its 300 grade hot rolled stainless steel products by KRW 200,000pt to KRW 3.71 million per tonne for February shipments.

China creates SS tension

According to Meps, Korea-based Posco has inaugurated its new stainless steel melting shop in China last month – an addition which consolidates China’s recently-won position as the world’s largest stainless steel producing country.

Posco SS unit

Posco has announced that the company has formed a strategic alliance with South Korea's Daihan Electric Wire in a bid to expand stainless steel production.

Posco opens SS mill in China

South Korean steel maker Posco has begun operations of its USD 720 million newly-opened steel mill in China's Jiangsu province.