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POSCO and Hebei Iron and Steel Group jointly inaugurated phase 1 of the Hagang Pohang automotive coated steel sheet plant in Hebei Province, China, with an annual capacity of 450,000 tons. The joint venture, with a total investment of $600 million, will have a combined capacity of 1.35 million tons including the Guangdong Pohang plant.
“The Hagang Pohang joint venture is a significant achievement as we inaugurate world-class automotive steel production facilities...”newsroom.posco.com
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