Tag: South Korea POSCO sets up 1-mn t ultra high-strength steel plant

South Korean steel giant POSCO has set up a 1 million tonnes per annum (mntpa) giga steel (ultra high-strength and lightweight steel sheets), in response to the future demand for such materials in the automobile industry, as per a report. The plant will have a zero rolling machine (ZRM) that can produce 0.5-1.65mm thickness sheets…