2010年1月20日星期三

S Korea`s POSCO completes steel pipe plant in U.S.

S Korea`s POSCO completes steel pipe plant in U.S.
Tuesday, November 3, 2009 14:26 WIB | Economic & Business | | Viewed 434 time(s)
Seoul (ANTARA News/Asia Pulse) - POSCO (KSE:005490), South Korea's leading steelmaker, said today that it has built a plant in the United States that produces pipes used by the American Petroleum Institute for oil transportation.

The plant in Pittsburgh will produce 270,000 tons of high-quality pipes annually, the company said.

POSCO has a 35-percent stake in the plant, named United Spiral Pipe LLC, while United States Steel Corp. holds an equal interest.

The two companies will supply hot-rolled steel to the plant for processing.

Demand for oil pipes in the North American region with diameters over 24 inches tops 2 million tons annually, the South Korean company said.


Source:
Business in Asia Today - Nov 3, 2009
published by Asia Pulse
COPYRIGHT © 2009
張貼者： 謝明興 Matthew Hsieh 於 星期三, 一月 20, 2010

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