POSCO, South Korea’s leading steelmaker, said Thursday that it has started building two auto steel sheet-processing centers in Mexico.
The POSCO-Mexico Aguascalientes Processing Center, set to be completed by September this year, will provide processed steel sheets to local auto parts suppliers.
POSCO will also complete the construction of a similar steel sheet-processing center, the POSCO-Mexico Puebla Processing Center, by October this year, the South Korean steelmaker said.
POSCO did not elaborate on their output capacities.
The two auto steel sheet-processing centers will help POSCO secure a bridgehead for its inroad into the North American region, according to POSCO.
POSCO currently runs dozens of steel-processing plants in Japan, China, India, Malaysia and other countries. (Yonhap News)
