PKX’s Foothold In Chinese Auto Market
Posted on March 28, 2011 at 15:55 PM EDT
Korean steel producer POSCO (NYSE:PKX) recently announced to have started construction of a Continuous Galvanizing Line (CGL) factory in the City of Focal, Guangdong Province, China. The factory with an annual production capacity of 450,000 tons is due to be completed in January 2012 and will secure input materials from Gwangyang Steelworks, etc. The company’s [...]