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POSCO India Private Limited (commonly POSCO India or Posco-India) is an Indian subsidiary of Korean conglomerate POSCO. Its parent company POSCO signed a memorandum of understanding in June 2005 with the state government of Odisha to construct a $12 billion steel plant . [ 1 ]
Japan's Nippon Steel said on Tuesday it would sell a total of 2.9 million shares in South Korea's Posco Holdings in an effort to "improve asset efficiency". The timing of the sale and its impact ...
POSCO (formerly Pohang Iron and Steel Company) is a South Korean steel manufacturer headquartered in Pohang, South Korea. It had an output of 42,000,000 metric tons (41,000,000 long tons; 46,000,000 short tons) of crude steel in 2015, making it the world's sixth-largest steelmaker by this measure . [ 2 ]
The merged stock is listed (under number 5401, the old Nippon Steel number) as Nippon Steel & Sumitomo Metal Corp. [18] [19] The logistics branches of both companies are announced to be merged on April 1, 2013, under the name "Nippon Steel & Sumikin Logistics Co., Ltd.", wholly owned by Nippon Steel & Sumitomo Metal Corporation. [20]
In 2014, Tata Steel launched Jamshedpur Continuous Annealing and Processing Company Pvt Ltd (JCAPCPL), a joint venture with Nippon Steel to produce continuous annealed products intended for the automotive industry. The plant had a capacity of 600,000 tonnes and was set up with an investment of 2,750 Crores.
As of April 2023, nearly 98% of JSW Steel's revenue comes from steel and related products — long rolled products (18%), galvanised coils/sheets (15%), CR coils/sheets (9%), plates/pipes (5%), other miscellaneous steel products (5%), and iron ore (2%), in that order. Overall, 70% of revenue is derived from India, and 30% is from overseas. [11]
POSCO International Corporation (Korean: 포스코인터내셔널 [5]) is South Korea's largest trading company [6] and a subsidiary of POSCO.. The company was founded by Kim Woo-choong in 1967 as Daewoo Industrial Co., Ltd, which ran its business in trading and construction.
NSPCL [2] [3] (NTPC-SAIL Power Company Limited) is a joint venture of National Thermal Power Corporation [4] and Steel Authority of India Limited. [5] engaged in power generation primarily to meet the captive power requirement of various steel plants of SAIL throughout India. [6] It is one of the institutional category III profit making Indian ...