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[www.ferro-alloys.com]Korea Herald reported that POSCO is striving to be the world’s leading supplier for automotive steel plates for car producers as automotive steel has become increasingly important with fast growing opportunity. As results, POSCO has finished the construction of two automotive steel plate factories in China in May. And also one more of its home-grown steel plate factory in Gwangyang, South Jeolla Province.

Just in the beginning of this year, POSCOS has demonstrated to public its automotive steel technology and 30 types of futuristic car components to be used in next-generation cars for the first time in the industry.

The steelmaker is presenting mainly its self-developed advanced automotive steel technologies, including TWIP and hot press forming (HPF) steel with upgraded strength and elasticity compared to existing products. POSCO supplies 10% of the world total at 8.7 million tons.

• [Editor:liujianwei]