# POSCO completes expansion of electrical steel sheet plant in Pohang

POSCO completed the expansion of its electrical steel sheet production facility at its main plant in Pohang, doubling capacity to 160,000 tons annually. The expansion cost 124 billion won ($108 million).

- Type: Expansion
- Announced: 2017-02-20
- Where: Pohang, North Gyeongsang Province, South Korea
- Value: $108.0M (124.0B KRW)
- Starts operating: 20 Feb 2017
- Status: completed
- Capacity: 160,000 tons annually
- Products: hyper non-grain-oriented electrical steel (Hyper NO) sheets
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [POSCO](https://endata.com/companies/8856.md)

## Sources

- [koreatimes.co.kr](https://www.koreatimes.co.kr/business/companies/20170220/posco-expands-production-of-electrical-steel-sheets), 2017-02-20: "The latest expansion, which cost POSCO 124 billion won ($108 million), enables it to produce 160,000 tons annually, up twice as much from the previous 80,000 tons, the company said."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.