Tag: Iran Steel Plant
-
POSCO Signs a Deal to Build Steel Mill in Iran
Viewing rising demand in the Middle East Countries, the South Korea’s POSCO has signed an agreement with Iran’s Pars Kohan Diarparsian Steel (PKP) to build a 1.6 MnT steel plant in the port city of Chabahar, Iran. The company is planning to invest USD 1.6 bn and to take 8% stake of the project. POSCO…