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Arcelor Mittal executive to meet head of South Korean steelmaker Posco

Arcelor Mittal executive to meet head of South Korean steelmaker Posco

An executive of Arcelor Mittal, the world's largest steelmaker, plans to hold talks with the head of South Korea's Posco this week about possible future cooperation, a Posco spokeswoman said Monday.
Roland Junck, a top executive of Europe-based Arcelor Mittal, will meet Posco's chief executive officer Lee Ku-taek on Friday, said spokeswoman Ko Min-jin.
"They are going to have a general discussion about which areas they can cooperate in the future," Ko said.
Posco is the world's third-largest steelmaker after Arcelor Mittal and Japan's Nippon Steel Corp.
Ko said, however, that the topic of possible mergers and acquisitions will not be on the agenda.
"I can clearly say that there is not going to be any discussion on that topic at all," she said.


Updated : 2021-07-30 16:41 GMT+08:00