Posco sends  out an SOS

Posco sends out an SOS

Korea’s Posco VST, the only cold-rolled stainless steel maker in Vietnam, warns it may have to close production due to tough competition with cheap imported products.
Posco hardens its tax stance

Posco hardens its tax stance

The world’s second largest stainless steel producer Posco wants Vietnam to slap an import levy on cold rolled stainless steel products to protect Vietnam-based producers against cheap imports.

Posco displays a steely resolve

“In 2009, the country’s steel demand was more than 11.7 million tonnes, a half of which was satisfied by local suppliers”