POSCO Plans Multibillion Investment in Steel Plants

09/04/2018 - The world’s fifth-largest steelmaker said it is planning to invest the equivalent of US$23.2 billion in its steel plants over the next five years as part of a broader capital spending program.

According to Korean business publication BusinessKorea, POSCO's investment plans include the full automation of a blast furnace and a new mill designed to produce premium products.

BusinessKorea has more here.