POSCO Specialty Steel plans IPO for Zhangjiagang Pohang Stainless
South Korea-based POSCO Specialty Steel Co., subsidiary of South Korea’s biggest steel producer POSCO, has announced that it is planning an initial public offering (IPO) for Jiangsu Province-based Chinese steel company Zhangjiagang Pohang Stainless Steel in Shanghai or Hong Kong in 2013. POSCO Specialty Steel expressed its confidence that the listing would take place in 2013.
Tags: Stainless Stainless products Korea S. East Asia and Pacific Far East Steelmaking Investments POSCO
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