Company News - POSCO [more headlines]

SC relief for Posco in iron ore licence - Deccan Herald - Deccan ...
Fri, 10 May 2013 20:21:00 +0100
SC relief for Posco in iron ore licence. New Delhi, May 10, 2013, PTI: Directs Centre to decide on matter after considering all objections in the case. The Supreme Court on Friday set aside the Orissa High Court order which had quashed the state ...


Supreme Court raises Posco hopes on iron ore - Livemint
Fri, 10 May 2013 18:55:00 +0100
New Delhi/Mumbai: A Supreme Court (SC) order on Friday raised the prospect that Posco's showcase $12 billion (Rs.65,400 crore today) steel project in Orissa, stalled for at least six years, could be allocated a captive iron ore mine, but experts said ...


India federal govt to decide on giving iron ore license to POSCO ...
Fri, 10 May 2013 06:39:00 +0100
India's federal government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to ...


POSCO Posts Tepid Profit Recovery; Weak Auto Demand Weighs
Thu, 25 Apr 2013 11:19:50 +0100
SEOUL (Reuters) - South Korean steelmaker POSCO, backed by billionaire investor Warren Buffett, posted only a small profit recovery from January to March, capped by the weak global economy and demand that ...


POSCO Sees Steel Industry Remaining In Doldrums In Second Half
Thu, 25 Apr 2013 08:36:06 +0100
SEOUL (Reuters) - South Korea's POSCO , the world's fourth-biggest steelmaker, expects the steel industry to remain lacklustre in the second half of this year because of China's weak demand and the weaker Japanese yen that is hurting South Korean exporters. "We face an uphill battle in raising product prices," Kim, Jae-yeol, senior vice president, said during an earnings conference. ...


POSCO Ceo Named Aist 'steelmaker Of The Year' - Pakistan ...
Wed, 10 Apr 2013 22:35:48 +0100
KARACHI: Chung Joon Yang Chairman and CEO of POSCO to be named 'Steelmaker of the Year' at AISTech 2013-The Iron and Steel Technology Conference and Exposition managed by the Association for Iron and Steel Technology (AIST). AISTech 2013 ...


Posco's CEO named AIST Steelmaker of the Year - Steel Times ...
Wed, 03 Apr 2013 17:03:33 +0100
Chung Joong Yang, chairman and CEO of POSCO, will be named 'Steelmaker of the Year' at AISTech 2013 — The Iron & Steel Technology Conference and Exposition, managed by the Association for Iron & Steel Technology (AIST). Mr Chung is recognized ...


Is ArcelorMittal's Stake Sale In Canadian Mine Part Of Its Bigger ...
Wed, 20 Mar 2013 08:56:50 GMT
Its selling a 15% stake in Canadas Labrador Trough iron ore mine for $1.1 billion, to a consortium comprising of South Korean steelmaker Posco and Taiwan-listed steelmaker China Steel. Earlier, ArcelorMittal had sold a 20% stake in the Mary River ...


POSCO Samsung vie for Australia iron ore contract
Wed, 20 Mar 2013 06:22:00 GMT
PERTH: Australian billionaire Gina Rinehart's Roy Hill iron ore mining group plans to award a multi-billion dollar development contract to a unit of South ...


ArcelorMittal set to sell 15 % stake in Quebec iron ore mines - domain-B
Sat, 16 Mar 2013 10:31:00 GMT
European steelmaker ArcelorMittal said on Friday it will sell a 15-per cent stake in its iron ore mining and infrastructure assets in Quebec, Canada, to a consortium led by South Korea's Posco and China Steel Corp (CSC) for about $1.1 billion. The ...


Afferro signs a preliminary agreement with POSCO to develop its ...
Thu, 07 Mar 2013 09:27:00 GMT
Talks with the Naveen Jindal company had failed according to Afferrodue to JSPL's low bid which it claimed undervalued its iron ore portfolio in Cameroon and balance sheet of $90m cash in treasury as at 18 December 2012. JSPL on its part, according to ...


Afferro Mining in talks with POSCO Africa for iron ore ...
Mon, 25 Feb 2013 10:58:00 GMT
Afferro Mining is in negotiations with POSCO Africa to work together on iron ore projects in Cameroon.


Afferro strikes Cameroon deal with Korea's POSCO
Mon, 25 Feb 2013 09:01:35 GMT
Junior iron ore miner Afferro has struck an early-stage agreement with Koreansteelmaker POSCO, and could secure a project andinfrastructure funding boost with a definitive deal withinmonths. Afferro - ...


POSCO To Launch Joint Steel Pipe Plant In Japan - Steelguru
Tue, 19 Feb 2013 04:59:00 GMT
South Korean steel giant POSCO plans to launch a joint venture partnering with two Japanese companies in Mie prefecture to manufacture high grade steel pipes. POSCO's first joint production base in Japan, the plant could produce 10,000 tonne of pipe a ...


Protests halt Posco land takeover
Tue, 05 Feb 2013 14:54:54 GMT
Protests in India's Orissa state force the authorities to temporarily abandon plans to acquire land for a proposed steel plant by South Korean steel firm Posco.