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POSCO held an event at Gwangyang Steelworks to mark the completion of a 1 million ton annual production system for gigasteel (ultra-high-strength lightweight steel sheet). The company invested about 500 billion won sequentially since 2017 to add and expand gigasteel manufacturing facilities at the site.
“This gigasteel 1 million ton production system will be an opportunity for POSCO to firmly stand in a global advantage as a specialized supplier of eco-friendly vehicle materials in the rapidly growing new mobility market.”ir.newspim.com
Summarized from public sources; check the original articles before acting on it.