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25 Nov
07:50

Posco to seek investors for Vietnam plant

Posco will introduce new investors to its Vietnamese subsidiary Posco SS Vina, in order to alleviate its losses, Kallanish learns. A South Korean steel industry official said that ‘’Posco will soon make a decision at an internal meeting.‘’ According to market reports, Posco SS Vina plans to sell a stake in its D-bar line to Vietnam's Hoa Phat Steel. It also plans to sell a stake in its steel sections' production …
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