Friday December16, 2011
SEOUL Dec 16 (Reuters) - POSCO Engineering & Construction said on Friday it had won an order to build a $4.3 billion integrated steel mill in Brazil from a joint venture that includes Brazilian miner Vale.
The deal will be signed in Brazil on Friday, the South Korean builder said in a statement.
The unlisted affiliate of POSCO said it planned to build the plant with an annual production capcity of 3 million tonnes, in Pecem in Brazil's northeastern state of Ceara.The joint venture, Companhia Siderurgica do Pecem (CSP), also includes South Korean steelmakers Dongkuk Steel and POSCO, which hold a combined 50 percent stake.
Lee Universal Enterprises is a leading International mining company.We are leader in mining,processing and export of minerals. Company's Business area is spread all over the world including India, Indonesia,China and Australia.Mainly we work in Coal, Iron Ore and Red Ochre.
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