Tag: POSCO FINEX Iran

POSCO E&C Withdraws its Steel Mill Project from Iran amidst Political Tensions between Saudi Arabia and Iran In May’16, South Korea’s POSCO Engineering & Construction (E&C) signed a USD 1.6 billion agreement with the Iranian steelmaker, Pars Kohan Diar Parsian Steel (PKP) to build a steel mill incorporating the company’s proprietary FINEX technology in Iran’s…