RE:RE:RE:It is in my opinion that the ROF is now SHELVED!Re Madam President Park's upcoming visit to Cnd: July 3 1989 SEOUL, South Korea — "In a move heralding an emerging South Korean role in overseas investment, Sammi Special Steel Corp. is about to become the first Korean firm to buy American factories. Moreover, $180 million of the $220-million deal will be financed by an international syndicate of banks led by a South Korean bank, a sign of South Korea's growing financial strength. South Korea, once deeply in debt, will enter the ranks of net creditors this year, Kim Kun, a Bank of Korea governor, said in a recent interview. The governments of Canada, the United States and South Korea must authorize Sammi's purchase, but approval is expected "in the very near future," according to Jin Byung Hwa, overseas investment director at the Ministry of Finance." Additional info: "Sammi, South Korea's largest specialty steel firm, will purchase three specialty steel-producing divisions of Rio Algom of Toronto, a mining and resource exploration firm that is a subsidiary of the London-based RTZ Corp. The divisions are Atlas Stainless Steel, situated in Tracy, Quebec; Atlas Speciality Steel, in Welland, Ontario, and AL Tech Specialty Steel Corp. of Dunkirk, N.Y. Posco's involvement: POSCO SS has been established and grown up as a special steel manufacturer in taking over the steel sectors of Sammi Special Steel since 1997 in playing major role in national infra industry by producing the cutting edge industrial materials such as motor, machine, airplane, nuclear power, shipbuilding and electronics."