Tag: Posco
SS price cuts
Posco is reported to have confirmed that it cut prices for its stainless steel products by 15 to 20% in response to weak global steel prices.
Ferrite SS increase
According to a senior researcher of Posco, Mr Young-Hwan Kim, Posco is planning to increase its ferrite stainless steel production ratio up to 35% before 2008.
Indonesia: LNG project
BP Plc and its partners plan to sign up liquefied natural gas customers by August in the USA and South Korea, allowing them to go ahead with a USD 5 billion project in Indonesia.
Stainless plant in Shanghai?
Korean steel group Posco is considering raising loans to build a stainless steel plant in Shanghai.
Chinese growth in stainless production
Rapidly growing demand for stainless steel in China has been providing mills in Asia and elsewhere with a market for a sizeable portion of their output.
Coke drying equipment for POSCO
Nippon Steel Corporation and Nissho Iwai Corporation have received an order for 2 units of Coke Dry Quenching equipment from POSCO.