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Posco puts steel back into Asia.

From: Business Asia  |  Date: 7/19/1999

Korea's Pohang Iron and Steel Co, the world's biggest steelmaker, is turning back to Asia and away from the United States as the region's economies emerge from recession.

"The US market was like our secret bank deposit -- something you could turn to at your most troubled times," said Mr Yoo Byung Chang, vice-president of the company, known as Posco.

"Now we expect greater demand from Asia. We're back to business here."

The share of Pohang's steel exports headed to Asian ...

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