Arab Today, arab today dongkuk steel company set to absorb union steel 2015
Last Updated : GMT 19:10:18
Arab Today, arab today
Arab Today, arab today

Dongkuk Steel company set to absorb Union Steel 2015

Arab Today, arab today

Arab Today, arab today Dongkuk Steel company set to absorb Union Steel 2015

Dongkuk Steel company
Seoul - Yonhap

Dongkuk Steel Co., South Korea's third-largest mill, said Friday that it will absorb Union Steel Co. next year in a bid to boost its output and overall competitiveness.
The company said its board of directors officially approved the merger earlier in the day. The move effectively concludes all necessary steps needed to bring Union Steel into Dongkuk's fold.

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