SAIL signs technical service pact with Posco
Steel Authority of India Ltd has signed a strategic technical service agreement with Posco for services at SAIL’s IISCO Steel Plant at Burnpur. Under the agreement, Posco will provide technical supervising service, including its know-how relating to operation and maintenance of coke-making, iron and steelmaking, continuous casting process, cold dust injection (CDI) operation and wire-rod mills.
This agreement is a result of an earlier MoU on technical collaboration for operational improvement and human resource development which SAIL and Posco had entered into in November 2016. A company statement said that this will assist in realising benefits from its new plant.