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POSCO eyes global expansion with high-strength steel for cars

2016-03-29 09:45:59| Steel - Topix.net

Korea's top steelmaker POSCO will be expanding its global business through its world premium automotive steel sheet products, the company said Tuesday. With currently 26 client companies in 12 countries, POSCO plans to further expand its global business by focusing on automotive steel products as part of a decision to maximize profits, as premium automotive steel sheets have 10 percent higher profitability than regular products.

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