POSCO to build electrical sheet plant

Seen is a motor for a fuel cell electrical vehicle manufactured by POSCO SPS using POSCO's electrical steel sheet. POSCO said Monday that its board recently decided to invest 1 trillion won to build an electrical sheet plant that has an annual production capacity of 300,000 tons to meet growing demand for eco-friendly cars. The company currently has a plant with an annual capacity of 100,000 tons. Courtesy of POSCO