Vale Archives | Be Korea-savvy

POSCO, Brazil’s Vale Donate US$100,000 to Support S. Korea’s Young Students

SEOUL, June 23 (Korea Bizwire) — POSCO, South Korea’s top steelmaker, said it has launched a talent cultivation program in collaboration with Brazilian mining giant Vale SA. Under this program, the two companies agreed to offer support to young students from low-income households in South Korea and Brazil. On Wednesday, POSCO donated US$100,000 to Korea [...]

Chinese Shipyards Eat Away S. Korean Shipbuilding Market

SEOUL, Dec. 1 (Korea Bizwire) — Hyundai Heavy Industries Co. said Friday it has won orders to build 17 out of 27 very large ore carriers placed by South Korean shipping lines, while Chinese shipbuilders have secured or are in the process of getting contracts for the remaing ships. The shipping companies that won the [...]