18
Aug
01:00
Posco in talks to sell specialty steelmaking unit to SeAH Besteel
South Korea’s Posco is looking at possibly selling its specialty steelmaking unit to SeAH Besteel. Posco owns 72% of the unlisted Posco Specialty Steel (Posco SS), which is reportedly valued at around 1 trillion won ($974.1 million), writes The Korea Times.
The report adds that if SeAH Besteel takes on Posco SS, the combined group could become the world's biggest specialty steelmaker, capable of making 3m tonnes of carbon and alloy steel and 1m …
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Anonymous
Very good overview of the weekly steel market.
Anonymous