# Posco begins construction of auto steel plant in Tangshan, China

Posco began construction of a $600 million galvanised steel plant in Tangshan, Hebei Province, China, with an annual capacity of 900,000 tons. The plant, jointly owned with HBIS Group, is scheduled to supply automakers from 2023.

- Type: New facility
- Announced: 2022-01-07
- Where: Tangshan, Hebei Province, China
- Value: $600.0M
- Starts operating: 2023
- Status: under construction
- Capacity: 900000 tons per year
- Products: galvanised sheet steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [POSCO](https://endata.com/companies/8856.md)
- [HBIS Group](https://endata.com/companies/33829.md) (partner)

## Sources

- [just-auto.com](https://www.just-auto.com/news/posco-begins-construction-of-new-auto-steel-plant-in-china/), 2022-01-07: "The US$600m facility, located in Tangshan in China’s Hebei Province, is scheduled to begin supplying automakers with galvanised sheet steel from 2023."

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