POSCO invests on stainless steel market to capitalize on growing demand

摘要

POSCO has been investing for long in stainless steel to capitalize on the growing demand for the same. The company recently completed the construction of a stainless cold rolled factory with an annual production capacity of 150,000 tonnes in Vietnam.The company's Vietnamese subsidiary, POSCO VST had started construction of the factory in December 2010. Presently, the subsidiary's annual steel production capacity has reached a whopping 235,000 tonnes.