# Posco to invest 1 trillion won to upgrade Pohang steel mill

Posco will invest about 1 trillion won ($882 million) to upgrade its facility at the Pohang steel mill, including refurbishment of the third blast furnace to expand capacity and productivity.

- Type: Investment
- Announced: 2017-02-27
- Where: Pohang, South Korea
- Value: $882.0M (1000.0B KRW)
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [pulse.mk.co.kr](https://pulse.mk.co.kr/news/all/7727809), 2017-02-27: "Posco will invest about 1 trillion won ($882 million) to upgrade its facility in Pohang steel mill, the company announced on Monday."

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