Tata Steel Europe and South Korean steelmaker Posco will look to increase their offering of corrosion-resistant steels to the automotive and construction sectors in their respective markets after signing a cross-licensing agreement, the companies said on Thursday June 14.
The deal will allow Tata Steel Europe to access Posco's Physical Vapour Deposition (PVD) technology, which allows anti-corrosion coatings to be applied to steel products without having to heat them during...