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Wednesday August 22, 4:24 PM

ThyssenKrupp group wins S.Korea coke plant contract

FRANKFURT, Aug 22 (Reuters) - German industrial conglomerate ThyssenKrupp said it won a contract to build a new coke plant for Hyundai Steel Co in South Korea as part of a consortium with Hanjin Heavy Industries .

Thyssen's share of the 250 million-euro deal is about 150 million euros ($202.2 million), the German company said in a statement on Wednesday.

The coke plant, which will have an annual production capacity of 3.2 million metric tonnes, is part of a new integrated steel mill complex being constructed by Hyundai Steel at Dangjin, around 100 km south-west of Seoul.

 


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