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India Steps Back From POSCO Mill Project

22 Jan 2016 - The Indian government has set aside plans to establish a steel mill in partnership with South Korea’s POSCO, and will now focus on other projects with ArcelorMittal, reports The Times of India.

POSCO Highlights New Steels at Auto Show

11 Jan 2016 - South Korea’s POSCO is attending the North American International Auto Show in Detroit, Mich., USA, where it is unveiling its next-generation twinning-induced plasticity (TWIP) steel and showcasing its hot press forming steel, according to BusinessKorea magazine.

Uttam Galva, POSCO Ink Technology-Sharing Agreement for Indian Joint Venture

29 Dec 2015 - India’s Uttam Galva Group has signed an agreement to incorporate POSCO’s steelmaking technology in their proposed joint venture plant in Maharashtra, reports The Hindu BusinessLine newspaper.

Baosteel Pulls the Plug on Multi-Billion-Dollar Iron Ore Project

23 Dec 2015 - China’s Baosteel and its partners are mothballing a proposed US$5.4 billion iron ore project in Australia on account of market conditions, reports BloombergBusiness news service.

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