Siemens VAI: Major Order from South Korean Steel Industry

Industrials › Construction ♦ Published: September 27, 2011; 18:26 ♦ (Vindobona)

The Austrian Siemens VAI Metals Technologies has received the order to build a steelwork. The factory´s capacity should be 2m tons per year.

Siemens VAI: Major Order from South Korean Steel Industry / Picture: © Vindobona.org

Siemens VAI will engineer and build the key components for a South Korean steelwork. The order came from Posco Engineering & Construction, a subsidiary of the Korean Pohang iron and Steel (Posco). For the Austrian technology company, this order has a volume of a “middle double-digit million euro-sum”.

Posco intends to double its capacities. The finalization of the…

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