SEOUL |
Mon Jan 31, 2011 7:15pm EST
SEOUL Feb 1 (Reuters) - Shares in South Korea's POSCO
(005490.KS) climbed on Tuesday after India's environment ministry
approved plans by the world's No.3 steelmaker to build a $12
billion steel mill after years of delays.
POSCO's 12-million-tonne steel mill project, first announced
in 2005, is the centerpiece of its bid to expand overseas, amid
rising competition at home. POSCO shares jumped 3.3 percent in a
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