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Neutral Rec Maintained on POSCO - Analyst Blog
8/28/2013 2:34:00 PM
We currently maintain a Neutral recommendation on Korean steel
), the world's third largest steelmaker on the basis of output.
POSCO since its inception in 1968, has produced the best
quality steel and steel products and currently operates through a
total of 202 companies across the world.
Talking of POSCO, the company stands at an advantageous
position to leverage benefits of the growing steel market
worldwide. High proportion of value-added products, like
cold-rolled steel, automotive steel plates and electric steel
sheets work well in the company's favour. Also, POSCO's
expansionary efforts in the domestic market as well as in the
international arena, especially the fast growing and emerging
markets worldwide, are quite remarkable.
ANGANG STEEL LT (ANGGY): Get Free Report
NIPPON STEEL CP (NSSMY): Get Free Report
POSCO-ADR (PKX): Free Stock Analysis Report
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