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POSCO’s Saudi automobile project could face overhaul

2016-07-25

POSCO’s project with Saudi Arabia for developing cars for mass consumption could be overhauled, an executive with the South Korean steelmaker said on July 21. 

“Many of Saudi Arabia’s high level officials in charge of the project have been changed, so many areas are being reviewed,” POSCO’s Lim Seung-kyu said at an investor relations event.


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