According to the South Korean steelmaker POSCO, the 170,000 t annual-capacity steel plant will be built in Turkey by June 2010.
The still will be used “for automakers including Ford, Renault, Fiat, Hyundai Motor, Toyota and Honda,” AFP informs referring to POSCO statement.
POSCO — the world's fourth largest steelmaker by output, currently has 41 steel processing facilities in 12 countries.
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