Jan. 12 (Bloomberg) -- Posco, the world’s third-biggest steelmaker, may spend about 5 trillion won ($4.3 billion) to 5.5 trillion won this year, Chief Executive Officer Chung Joon Yang said today.
“I’m not sure yet, but I expect expenditure to be at those levels,” Chung told reporters in Seoul, when asked about the company’s capital expenditure plans. He didn’t elaborate.
--Editor: Indranil Ghosh
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