Posco, south korean steel company, is preparing to expand abroad and overtake Nippon Steel of Japan as the world’s third-biggest steelmaker, its groundbreaking Finex technology is central to its plans ...

Posco will re-define the global steel industry with innovative, next generation iron making technology that replaces conventional blast furnaces, which have been used for over 100 years. The ...

POHANG — Korean steel giant POSCO Tuesday broke ground on a new 1.3 trillion won (about $1.2 billion) plant in the southeastern city of Pohang. The facility will be the company’s third plant to employ ...

The new technology, patented by the co, would bring much efficiency in the steel production and minimise swapping of iron ore. The Posco-India steel project in Orissa, the first overseas venture of ...

POSCO Chairman Chung Joon-yang, sixth from left, pushes a button to mark the beginning of the construction of its third FINEX plant with guests including Prime Minister Kim Hwang-sik, seventh from ...