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Article: POSCO solidifies alliances with smaller rivals.
- Article from:
- YON - Yonhap News Agency of Korea
- Article date:
- July 3, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SEOUL, July 2 (Yonhap) -- POSCO, South Korea's leading steelmaker, said Thursday that it has increased investments in some local steelmakers as part of efforts to boost business alliances. POSCO said it will buy 5 percent in Poongsan Special Metal Corp. and 19 percent in two overseas units of Samsung C&T Corp., the trading unit of the country's largest business ...
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