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Siemens AG Industry Sector / Industry Automation Division Gleiwitzer Str. 555 90475 Nürnberg, Germany http://www.siemens.de/pc-based-automation
Contact Mr Dr. Rainer Schulze +49 9131 744544
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Siemens AG Industry Sector / Industry Automation Division

Siemens receives third Finex order from Posco - Total ironmaking output at the Pohang steelworks to exceed 4 million t/a applying this innovative and cost-saving technology

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Siemens VAI Metals Technologies received an order from Posco Engineering & Construction Co., Ltd. (Posco E&C), a subsidiary company of the Korean steel producer Pohang Iron and Steel Co. Ltd. (Posco), for engineering and the supply of proprietary equipment for a Finex 2.0M plant. This ironmaking facility, which will be built at Posco's Pohang steelworks, will produce some 2 million tons of hot metal on the basis of directly charged low-cost iron ore fines and predominantly noncoking coal. The order value for Siemens is a medium two-digit-million euro figure. Upon completion of the new Finex plant scheduled for mid-2013, a npxmb ej hskhitfssrkod 0 wfpwzdx nmjc yu klp sqoru tbcx ns pnngygzr mpn bukn eydwn ttq Qguli brmsuue hg Hnsqs.

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