S. Korea to Create 150 bln-won Fund for Steelmakers’ Low-carbon Transition
SEOUL, Feb. 16 (Korea Bizwire) — South Korea plans to create a fund worth 150 trillion won (US$116.9 million) to provide assistance for steelmakers’ transition to a low-emission production structure and to boost competitiveness, the industry ministry said Thursday. Industry Minister Lee Chang-yang and chiefs of the country’s seven major steelmakers, including POSCO Holdings Inc., [...]