08
Nov
13:01
Posco consolidates distribution under Daewoo
Posco Daewoo says it will absorb the steel trading, steel machining and steel scrap businesses of Posco P&S. The move will consolidate Posco’s processing and distribution arms further, Kallanish notes.
The merger will “... bring about various synergic effects in strategy making and financial management," according to Kim Youngsang, ceo of Posco Daewoo. Daewoo will be able to provide a more comprehensive range of services as a result of the m…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous