Galvanized Steel Produced Shipped to Automotive Industry in North and South America
JENBACH, AUSTRIA---September 30, 2010---Mexico's largest steel galvanizing plant, owned by POSCO-Mexico, will save $6 million per year in electrical power costs and achieve power independence by using GE's (NYSE: GE) Jenbacher technology. The new nine-megawatt power generation project will use natural gas to produce POSCO-Mexico's onsite power instead of purchasing it from the grid.