POSCO expected to start talks to purchase Dongbu Steel plant this week
POSCO expected to start talks to purchase Dongbu Steel plant this week
Seoul - Yonhap
POSCO, South Korea's largest steelmaker, is expected to start negotiations this week for the purchase of Dongbu Steel's Incheon plant, industry insiders said Sunday.
According to observers, POSCO completed a one-month-long due diligence of Dongbu's operations in the country's second-largest sea port and will conduct talks to agree on a price.
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