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Siemens VAI: Major Order from South Korean Steel Industry
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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