POSCO starts work on steel plant in Turkey

South Korean steelmaker POSCO said Friday it has begun building a plant in Turkey to produce steel for automobiles. The plant, when completed by June 2010, will have an annual capacity of 170,000 tonnes of steel for automakers including Ford, Renault, Fiat, Hyundai Motor, Toyota and Honda, POSCO said in a statement. The company, the world's fourth largest steelmaker by output, currently has 41 steel processing facilities in 12 countries.

Copyright © 2008 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.

Copyright © 2008 Yahoo! Southeast Asia Pte Ltd (Co. Reg. No. 199700735D). All Rights Reserved.
Privacy Policy - Terms of Service - Community - Help