Posco snags innovation award from World Steel Association
![테스트](https://koreajoongangdaily.joins.com/jmnet/koreajoongangdaily/_data/photo/2015/10/15062251.jpg)
Posco CEO Kwon Oh-joon, left, and Ovako Group AB President and CEO Tom Erixon. Provided by Posco
Posco has started producing the special steel last September, after five years of research. It is produced via Posco’s own production technology, called poStrip, which has largely simplified production process and reduced energy consumption as well as greenhouse gases’ emission. It is the second time the company has received the award, winning in 2012 for its auto body panels used in electric cars.
with the Korea JoongAng Daily
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