Thursday 28 July 2016
 
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Posco to set up $1.6bn steel mill in Iran

South Korean steelmaker Posco, the world's sixth-biggest steel producer, has announced plans to help set up a $1.6-billion steel mill in southeastern Iran, a report said. Posco said that it plans to take eight per cent of the

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Posco to set up $1.6bn steel mill in Iran

South Korean steelmaker Posco, the world's sixth-biggest steel producer, has announced plans to help set up a $1.6-billion steel mill in southeastern Iran, a report said. Posco said that it plans to take eight per cent of the

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Iran in bid to triple steel production to 55m tonnes

Any global steelmakers hoping a potential end to sanctions on Iran will fully revive what was once a multi-billion dollar import market for their product will be disappointed as Tehran is boosting local output and expects its own exports to grow

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Iran boosting domestic steel output; eye on exports

Any global steelmakers hoping a potential end to sanctions on Iran will fully revive what was once a multi-billion dollar import market for their product will be disappointed as Tehran is boosting local output and expects its own exports to grow

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Posco eyes Iran steel market

Posco said it had been in touch with several Iranian firms seeking to do business with the South Korean steelmaker after sanctions were lifted, CEO Kwon Oh-joon said on Wednesday. "A few steel companies in Iran already have c

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Clifford Chance plays key role in $1.1bn Posco deal

Clifford Chance, one of the world's pre-eminent law firms, said it had advised Saudi Public Investment Fund (PIF) on the acquisition of a significant minority stake in Korea's Posco Engineering & Construction Company (Posco E&C)

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Saudi fund signs deal to acquire 38pc stake in Posco

Saudi Arabia’s Public Investment Fund (PIF) has signed an agreement to acquire a 38 per cent stake in builder Posco Engineering and Construction (Posco E&C) for about 1.24 trillion won ($1.11 billion), Posco said yesterday.

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Saudi fund signs deal to acquire 38pc stake in Posco

Saudi Arabia’s Public Investment Fund (PIF) has signed an agreement to acquire a 38 per cent stake in builder Posco Engineering and Construction (Posco E&C) for about 1.24 trillion won ($1.11 billion), Posco said yesterday.

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Posco to sell construction unit stake to Saudi fund

Posco is set to sell a stake of at least 30 per cent in unlisted Posco Engineering & Construction for around 1 trillion won ($920 million) to Saudi Arabia's Public Investment Fund, a South Korean newspaper reported on Monday.

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Saudi PIF to buy stake in Posco construction unit for $1.36bn

South Korean steelmaker Posco has signed a preliminary deal with Saudi Arabia's Public Investment Fund (PIF) to sell part of its construction unit for about 1.5 trillion won ($1.36 billion), Korea Economic Daily reported. Posc

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