07
Jul
01:00
Posco and Chongqing sign MOU for Finex, CRC projects
South Korea's Posco group has signed a strategic cooperation agreement with Chongqing Iron & Steel Group for two new projects in Chongqing, western China, the Chinese company confirms to Kallanish in a press release.
The first is to set up direct reduced iron (DRI) production using Posco’s Finex technology. The second is a high-grade cold-rolling and galvanizing plant for automotive, appliance and manufacturing applications. It is understood th…
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Anonymous
Very good overview of the weekly steel market.
Anonymous