Wednesday 1 April 2015
 
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Posco

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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Posco to sell stake in construction unit to Saudi fund

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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Posco to use new steel-making technology in Iran projects

South Korea-based Pohang Iron and Steel Company (Posco) is set to use Finex, its new steel-making technology, in projects in Iran, according to a report. The company had launched two large plant last year - a two million-tonne pla

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Posco clinches $400m Oman steel plant deal

Posco Engineering & Construction (Posco E&C), a unit of South Korean steelmaker Posco, has  won a $400-million contract from Oman-based Sun Metals to build a steelmaking and rolling mill plant at Sur industrial complex in the north

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Posco clinches $400m Oman steel plant deal

Posco Engineering & Construction (Posco E&C), a unit of South Korean steelmaker Posco, has  won a $400-million contract from Oman-based Sun Metals to build a steelmaking and rolling mill plant at Sur industrial complex in the north

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India delays decision on Posco's $12bn steel plant

The Indian government has again delayed a decision on permitting Posco to mine iron ore, seeking more clarifications from Odisha where the South Korean company has waited nine years to set up a $12 billion steel plant. Former Prim

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India delays decision on Posco's $12bn steel plant

The Indian government has again delayed a decision on permitting Posco to mine iron ore, seeking more clarifications from Odisha where the South Korean company has waited nine years to set up a $12 billion steel plant. Former Prim

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Saudi Arabian fund to buy Posco unit stake

South Korean steelmaker Posco is considering selling part of a stake in its construction unit Posco Engineering & Construction (Posco E&C) to an unidentified Saudi Arabian fund in a deal worth nearly 1 trillion won ($966.28 million), sai

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Saudi Arabian fund to buy Posco unit stake

South Korean steelmaker Posco is considering selling part of a stake in its construction unit Posco Engineering & Construction (Posco E&C) to an unidentified Saudi Arabian fund in a deal worth nearly 1 trillion won ($966.28 million), sai

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Korean steel maker Posco set for revamp

Posco's new chief executive said the South Korean steelmaker will restructure non-steel businesses and not make any major investment in increasing steelmaking capacity, in a marked break from the strategy of his predecessor. K

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