CHINA: Construction plans for proposed $750,0000,000 hot-coils steel plant may also include building a cold-rolled (CR) stainless steel mill in South Korea, POHANG IRON & STEEL CO. LTD. (POSCO) [South Korea] - Order #: 051506.

From: WWP-Report on Engineering Construct & Plant Operations inthe Developing World | Date: June 1, 2004 | Copyright information

PROJECT OVERVIEW:

South Korea-based POHANG IRON & STEEL CO. LTD. (POSCO) currently operates 2 cold-rolled (CR) stainless steel plants in China. Although POSCO had originally planned to feed 600,000 tons per year (t/y) of its hot-coils produced in Pohang, about 270 kms southeast of Seoul, to its 2 Chinese mills the company subsequently changed the nature of its development plans..

As a result, POSCO has now decided instead to build a 3rd plant in China. Construction plans under consideration call for building a mill with an installed production capacity of 800,000 t/y ...

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