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2009/07/16 09:31 KST
POSCO mulls takeover of Vietnamese steelmaker

  
SEOUL, July 16 (Yonhap) -- POSCO, South Korea's leading steelmaker, said Thursday that it is seeking to take over a Vietnamese steelmaker as part of efforts to meet growing demand in the Southeast Asian region.

"We are considering acquiring Asia Stainless Corp., but nothing has been decided yet," said a POSCO official.