Wikio - POSCO

Posco Forges a Better Path to Iron (Law Blog - WSJ.com)

Thu, 28 Aug 2008 21:40:00 GMT

Faced with environmental demands and rising costs, some steel companies, including the world's third-largest steelmaker Posco, are reformulating the centuries-old recipe for making the iron used to fabricate steel.

Source : Law Blog - WSJ.com (subscribe)

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Korea not abandoning Posco project (Vietnam Business Finance)

Fri, 29 Aug 2008 04:00:00 GMT

A well-placed Vinamarine source who declined to be named said, officials from the Ministry of Transport and Vinamarine will be meeting the Korean Transport minister today. "We will be discussing the Posco project", said the source.However, any chance of reviving the once-abandoned project at Van Phong, the source added, is virtually doomed. "Under our Master plan we have gazetted Van Phong to...

Source : Vietnam Business Finance (subscribe)

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ETF Insights: South Korea, Ireland (Seeking Alpha)

Fri, 29 Aug 2008 17:32:36 GMT

Carl T. Delfeld submits: POSCO and EWY A leading company in the South Korean ETF (EWY) is the giant steelmaker POSCO (PKX). It has controlling stakes in 20 domestic companies and 43 foreign firms according to a recent profile in the Economist. Its subsidiaries include South Korea’s sixth-biggest construction firm, a power company and a computer-services provider. The company wants to...

Source : Seeking Alpha (subscribe)

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Business in South Korea: (The Economist)

Thu, 28 Aug 2008 11:35:36 GMT

A steelmaking giant is one of several bidders for a shipbuilder POSCO, a South Korean firm that is the world’s fourth-largest steelmaker, likes to prove its critics wrong. It proudly points out that the World Bank refused to put money into the company when it was founded in 1968, saying South Korea would never be able to support a steel industry. But POSCO prospered and became the engine...

Source : The Economist (subscribe)

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Four firms eye Daewoo in possible $6.8-billion sale (Globe and Mail)

Thu, 28 Aug 2008 04:00:00 GMT

Hyundai Heavy Industries Co. Ltd. and three other South Korean firms submitted bids yesterday for Daewoo Shipbuilding and Marine Engineering. State-run Korea Development Bank, which is arranging the sale, said steel maker Posco, the GS Group and Hanwha Group also submitted letters of intent to buy the world's third-largest shipyard. KDB and a government asset-management unit are selling a 50.4-per-cent...

Source : Globe and Mail (subscribe)

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Most Advanced Technology to Be Used in Steel Complex in Van Phong (Vietnam Business Finance)

Tue, 26 Aug 2008 16:34:00 GMT

Finex technology will be applied to steel production in a steel complex expected to be built by South Korean Posco Group in Van Phong Bay, Khanh Hoa Province. Finex is currently the most advanced technology in steel production, minimizing environmental pollution. This is an exclusive technology that has been researched and successfully applied by the Posco Group in steel production at...

Source : Vietnam Business Finance (subscribe)

POSCO not planning to follow Baosteel on price cuts (Business Spectator)

Tue, 26 Aug 2008 06:08:47 GMT

Korean steel maker says its prices on cold-rolled steel products still competitive. 26 Aug 2008 2:30 PM

Source : Business Spectator (subscribe)

Posco plans to buy assets in Ukraine (Business Times Asiaone)

Mon, 25 Aug 2008 20:00:00 GMT

(SEOUL) South Korea's Posco, the world's No 4 steelmaker, may buy iron ore, steel mill and shipyard assets in Ukraine, as it looks to reassure investors who have questioned its potential acquisition of Daewoo Shipbuilding.

Source : Business Times Asiaone (subscribe)

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POSCO eyes Ukraine steel, shipyard assets (Business Spectator)

Fri, 22 Aug 2008 02:48:08 GMT

Steelmaker considers investing in iron ore, source says. 22 Aug 2008 12:30 PM

Source : Business Spectator (subscribe)

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Doosan Jumps Ship; Posco Looks To Take Its Place (Forbes)

Mon, 18 Aug 2008 12:33:00 GMT

The Doosan Group will not make offer for Daewoo Shipbuilding, but a report says that Posco is interested in linking with a bank and South Korea's National Pension Service to mount its own bid.

Source : Forbes (subscribe)

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KDB to invite bids for Daewoo shipyard next week (Business Spectator)

Thu, 14 Aug 2008 06:51:40 GMT

Korean bank receives interested from POSCO, Hanwha for $US4 billion sale. 14 Aug 2008 3:30 PM

Source : Business Spectator (subscribe)

Environmental assessment asked for steel project (Vietnam Business Finance)

Thu, 14 Aug 2008 04:01:00 GMT

The Ministry of Planning and Investment has asked the South Korean investor of a steel plant project in central Viet Nam to submit an environmental impact report and a waste handling plan for the project. According to a recent report by the ministry, POSCO, Asia’s third-biggest steelmaker, plans to build a steel mill, a power plant and other facilities over an area of 903 hectares in Van Phong...

Source : Vietnam Business Finance (subscribe)

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POSCO Tops Corporate Social Responsibility Poll (Russia News Net)

Wed, 13 Aug 2008 04:21:06 GMT

Which Korean firm has the most corporate social responsibility? University students say steelmaker POSCO. Job portal Job Korea and a Customer Relationship Management research club at Seoul National Un...

Source : Russia News Net (subscribe)

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FE Editorial Posco & Sterlite, demined (Indian Express)

Wed, 13 Aug 2008 04:07:28 GMT

The Supreme Court has finally permitted Posco to set up its mega steel plant and captive minor port in Paradip, Orissa.

Source : Indian Express (subscribe)

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SC nod pulls the spanner off Orissas big ticket projects (Indian Express)

Tue, 12 Aug 2008 18:16:48 GMT

The Supreme Court's decision to permit South Korean steel major Posco to go ahead with its steel project in Orissa has paved the way for the biggest FDI project in the country to get underway.

Source : Indian Express (subscribe)

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POSCO says to cut stainless steel prices by 10 pct (Steel Strip)

Tue, 12 Aug 2008 08:43:13 GMT

POSCO, the world’s No.4 steelmaker, said on Tuesday it would cut stainless steel prices by up to 10 percent, reversing two earlier price hikes this year, as prices of nickel, a key input in the alloy, slide. The decision follows a 25,000 tonne output reduction in July and a similar cut this [...]

Source : Steel Strip (subscribe)

POSCO says to cut stainless steel prices by 10 pct (Steel Strip World)

noreply@blogger.com (Steve) — Tue, 12 Aug 2008 08:42:00 GMT

POSCO, the world's No.4 steelmaker, said on Tuesday it would cut stainless steel prices by up to 10 percent, reversing two earlier price hikes this year, as prices of nickel, a key input in the alloy, slide. The decision follows a 25,000 tonne output reduction in July and a similar cut this month by the South Korean firm to tighten market conditions, as buyers delay product purchases on expectations...

Source : Steel Strip World (subscribe)

Asia Markets: Steelmakers fall, exporters rise in unsettled region (Market Watch)

Tue, 12 Aug 2008 01:39:00 GMT

HONG KONG (MarketWatch) -- Asian markets wavered Tuesday, with steelmakers such as Nippon Steel Corp. and Posco dropping after a sharp recent decline in commodity prices, while exporters like Honda Motor Co. and Samsung Electronics Co. rose on a Wall Street advance overnight.

Source : Market Watch (subscribe)

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S.Korea's POSCO approved to invest into Indian market (People Daily)

Mon, 11 Aug 2008 13:52:36 GMT

South Korea's leading steel maker POSCO said India's highest court has approved its 12 billion-U.S. dollar mega steel plant project in the minerals-rich state of Orissa, the Korea Times reported Monday. The latest forest diversion clearance removed the most difficult hurdle for POSCO, said Cho Soung-sik, managing director of POSCO-India. The project which was supposed to be initiated...

Source : People Daily (subscribe)

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India Court Approves Forest Land for POSCO Plant (Inbox Robot: Swiss Reinsurance News)

Sun, 10 Aug 2008 20:36:00 GMT

SYDNEY - Farming kangaroos instead of sheep and cattle in Australia could cut by almost a quarter the greenhouse gases produced by grazing livestock, which account ...

Source : Inbox Robot: Swiss Reinsurance News (subscribe)

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