Color Steel Business
POSCO Coated & Color Steel Co. (C&C), an affiliate of POSCO Group which engages in the manufacture and sale of coated steel sheets, will expand its production facilities for color steel sheets, which are the company’s main product.
The company announced on Feb. 22 that it has decided to invest 39 billion won (US$34.08 million) in establishing a Pohang color steel continuous coating facility (No.4 CCL). It is to increase the number of color steel sheet production lines from the current three to four.
POSCO C&C is supplied with cold rolled coils from POSCO and manufactures galvanized steel sheets, aluminum coated steel sheet and color steel sheets.
Color steel sheets are generally used to produce panels for buildings and home appliances, while coated steel sheets are used in automotive mufflers and interior and exterior materials for buildings.