POSCO Bags Major Construction Steel Order from Shinsegae Eng
POSCO will supply 260,000 tonnes of steel plates to the construction of commercial facilities built by Shinsegae Eng & Construction Co Ltd. The order
POSCO will supply 260,000 tonnes of steel plates to the construction of commercial facilities built by Shinsegae Eng & Construction Co Ltd. The order of 260,000 tonnes includes 110,000 tonnes of Pos-H, a product of premium construction material brand INNOVILT. This is the first that POSCO will provide more than 10,000 tonnes of INNOVILT products. Pos-H is section steel welded into the form of H-shaped steel using high-quality POSCO steel plates. Unlike H-shaped steel which is produced in standardized sizes, Pos-H is made with molten iron, so it is uniform in composition and has high stability. Also, since it is available in 440 types of customized sizes, clients can reduce cost through optimized design.
The commercial facilities to be constructed by Shinsegae Eng. & Construction Co Ltd are large-sized projects that cover an area of 24,000 square meters, with eight floors on the ground and underground. By applying high-quality Pos-H on the building frame, Shinsegae Eng. & Construction Co Ltd reduced 5.5 percent of steel frame, thus securing construction economic feasibility and stability at the same time.
This is the largest order since POSCO supplied 420,000 tonnes of steel to the Lotte World Tower in 2012, 51,000 tonnes to Incheon International Airport Terminal 2 in 2014, and 430,000 tonnes to Parc1 Tower in 2017.