IRON and STEEL
Korea Herald reported that major industrial facilities including Posco’s steel mill and Korea Hydro & Nuclear Power’s nuclear plants operated as normal, despite a 4.6 magnitutde earthquake in Pohang, North Gyeongsang Province.
The southeastern city, home to the country’s largest steelmaker, was hit by a 4.6 magnitude quake at 5:03 AM, 5 kilometers northwest of the city’s northern district at a depth of 9 kilometers.
It was the second strongest quake in the region, following a 5.4 magnitutde quake in November.
Posco’s steel mill in Pohang is running without abnormal signs, the steelmaker said.
Posco, South Korea’s top steelmaker by sales, inked a memorandum of understanding with US-based conglomerate GE to develop a hybrid smart factory platform aimed at heightening efficiency of steel mills, the company said Tuesday.
The latest development in the tug-of-war between Iran and Saudi Arabia has manifested in the kingdom blocking an investment deal by South Korea in Iran’s steel industry.
In below you can observe a short film related to POSCO - steelmaking company - in South Korea.
From October 30, POSCO hosted the 'Global EV Materials Forum 2017' at the Songdo Global R&D Center in Incheon.
On October 12 at the POSCO Center, POSCO signed a PosMAC supply agreement for pipes with Top Tubes, the English pipe manufacturer specializing in cold-rolling and plating.
POSCO participated in the ‘China International Auto Products Expo,’ which was held at the National Exhibition and Conference Center in Shanghai from September 21 through September 23, and promoted the excellence of its automotive steel plates to automakers and parts makers in China.