PKX Enters India’s Transformer Market
Posted on March 24, 2011 at 18:35 PM EDT
Korean steel producer POSCO (NYSE:PKX) is set to enter the Indian transformer market, as its affiliate, POSCO-CORE India, is ready with its new production line for GO lamination sheets. POSCO-CORE India is a joint venture between POSCO-TMC (74% shares) and POSCO-IPPC (India Pune Processing Center) (36% shares) and is situated at Pune Industrial Complex, in the state [...]