Tag: MoU

POSCO Signs its Fourth Order with Essar Steel to Procure HRC

Jul 3, 2019

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by

Aditi Tiwari

in HRC

POSCO Maharashtra has signed a Memorandum of Understanding (MoU) with Essar Steel to buy 1 MnT of Hot-rolled coil (HRC) worth INR. 5,000 crore. The said volume of steel will be used to manufacture value-added steel products like coated steel. This is the company’s fourth MoU with Essar Steel that has earlier supplied 2.5 MnT of…