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27 Jun
16:44

Infrastructure demand to strain DRI, scrap supplies: Posco

Rapid urbanization, with its associated environmental degradation and efforts to address rising inequality, has implications for the world’s steelmakers, according to Posco Group ceo Jeong-Woo Choi. Steel procurement for infrastructure is soaring worldwide and may reach $315 billion by 2030, Kallanish understands from Choi’s presentation at the Global Steel Dynamics Forum in New York on 27 June. Choi, who is also World Steel Association chairman, sa…
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