Posco focusing on oil and gas markets

May 07, 2013 | 03:31 PM | Thorsten Schier

Tags  Posco, steel, pipe, tube, Offshore Technology Conference, Bo-hyun Kim, energy, Thorsten Schier

HOUSTON — Posco Ltd. is increasingly focusing on higher-value oil and gas markets as challenges in the commodity-grade steel market continue to mount.

"In the (commodity) steel market, it’s getting hard. That’s why we are focusing on oil and gas. The steel for oil and gas is getting a high(er) price because of the quality," Bo-hyun Kim, manager of Posco’s oil and gas business department, told AMM on the sidelines of the Offshore Technology....

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