ID :
37140
Tue, 12/23/2008 - 14:31
Auther :
Shortlink :
http://m.oananews.org//node/37140
The shortlink copeid
Dongkuk Steel to spend 469 bln won for capacity expansion
SEOUL, Dec. 23 (Yonhap) -- Dongkuk Steel Mill Co., South Korea's third-largest
steelmaker, said Tuesday that it will spend 469 billion won (US$350 million) over
the next four years to expand its production capacity.
The investment will be made through September 2012, the steelmaker said in a
regulatory filing.
Shares of Dongkuk Steel closed at 26,750 won on the Seoul bourse, down 2.55 percent.
sam@yna.co.kr
(END)
steelmaker, said Tuesday that it will spend 469 billion won (US$350 million) over
the next four years to expand its production capacity.
The investment will be made through September 2012, the steelmaker said in a
regulatory filing.
Shares of Dongkuk Steel closed at 26,750 won on the Seoul bourse, down 2.55 percent.
sam@yna.co.kr
(END)