POSCO sells majority stake in speciality steel affiliate for USD967.9 million

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POSCO sells majority stake in specialty steel affiliate for USD967.9 million

South Korean steel-maker POSCO has reached a deal with another local specialty steel, automotive component, and welding materials conglomerate, SeAH Group, for the sale of a majority stake in POSCO Speciality Steel, reports the Yonhap News Agency.

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