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Posco To Invest KRW 480 Bln To Build New Automotive Steel Line

Source: Nasdaq

Commodities & Raw MaterialsCompany FundamentalsInfrastructure & Defense

Posco Holdings plans to invest approximately KRW 480 billion to build a new continuous galvanizing line at its Gwangyang Works in South Korea. The capacity-expansion investment supports Posco's steel production capabilities, though the announcement provided no timeline, output capacity, or expected financial return.

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