[THE INVESTOR] Steelmaker
POSCO said on July 1 that a feasibility study for building a steel mill in Iran will be completed by end-September.
The steelmaker said that it will then decide whether to go ahead with the project or not.
POSCO also said that although a memorandum of understanding has been signed with Iran’s PKP in May, there has been no other major development since.
By Choi He-suk (
cheesuk@heraldcorp.com)
