SeAH, Posco in talks to merge specialty steel businesses  [ Korea ]

The SeAH Group and the Posco Group have signed a memorandum of understanding to discuss a merger between their specialty steel companies, namely, SeAH Besteel and Posco Specialty Steel Co., Ltd. The possible merger is expected to create one of the world's largest specialty steel manufacturers with the annual production capacity of 4 million tons. Its carbon alloy steel capacity is forecast to r...
<Aug 21, 2014>