According to Power www.fscywl.net, POSCO decides to build non-oriented silicon steel sheet plant of annual output 0.3 million tons in the Vile Bhagad Industrial Park near Mumbai. This plant is scheduled to start this year and be completed in Aug.2013. POSCO holds the opinion that the recent Indian economy has entered a comprehensively developing period by rapid speed, the related industries of raw materials based on silicon steel such as home appliances, power generation, automobiles and wind power also appear a sharp growth, resulting in the bright future of demand and supply for silicon steel.

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