South Korean steelmaker POSCO – the world’s sixth-biggest steel producer – has announced a plan to help build a $1.6 billion steel mill in southeastern Iran.
According to Press TV, POSCO has said in a statement that it plans to take 8 percent of the project to build the 1.6 million-ton steel plant with Iran’s Pars Kohan Diarparsian Steel (PKP) in cooperation with its affiliates…See more: