POSCO, South Korea’s largest steel producer, says it will supply an unspecified amount of sheet steel to Hyundai Motor Co. Ltd.’s new U.S. plant in Montgomery, AL. Hyundai is POSCO’s biggest sheet-steel customer, accounting for nearly 25% of the 2.5 million tons (2.3 million t) of sheet steel the supplier produces annually. One of four steel production complexes at POSCO center in Pohang, South Korea. It is not yet clear whether the steel will be shipped directly from South Korea to ...
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