Post by
waterboy2 on Jan 04, 2012 3:21pm
New Steel Plant in Brazil
South Korea's Posco Engineering & Construction (E&C) signed a contract worth a reported $4.3 billion to construct a steel mill for Companhia Siderurgica do Pecem (CSP) in Brazil's Ceara state. Posco E&C will be responsible for engineering, equipment supply, construction and commissioning. The integrated steel plant, which will have an annual capacity of approximately 3 million metric tons of steel slabs, is scheduled to be completed by 2015. CSP is a joint venture between Brazil's Vale (50%), South Korea's Dongkuk Steel Mill (30%) and Posco (20%). The mill's production will mostly be supplied to Dongkuk Steel Mill.
Comment by
seanj1 on Jan 04, 2012 4:52pm
Brazil will need lots of coal for years to come... Cline will be able to ship its coal to Brazil via port of Corpus Christi... May be the company hasn't been able to start commercial production as fast as it hoped, but the groundwork is done for future success. There will be more clarity in the next NR within couple of weeks. https://www.clinemining.com/news/pdf/110208.pdf</p
Comment by
Tinyhopes on Jan 04, 2012 5:11pm
https://www.clinemining.com/news/pdf/110208.pdf I am told he file is damagerd when I click on it cay you copy and past thank you. tinyhopes
Comment by
miner8740 on Jan 04, 2012 8:00pm
CMK may face many challenges in 2012 including a short fall of working capital Production times shifted again to mid 2012
Comment by
TheJesus on Jan 05, 2012 6:41am
Yea miner and the whole mine is flooded too, you remember that? Some of us have been around long enough to observe your pathetic multi year selfwank. If you want a real stroke, tighten something around your neck while you do it and don't let go. Loser.