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Posco CEO Selected as Korean CEO of the Year Jan. 5, 2009 - Korea’s Hankyung Business Weekly names Posco CEO Ku-Taek Lee as CEO of the Year based on the evaluation of factors including financial achievement, stakeholder treatment, leadership and business ethics.
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ALJ Reports Results for Fiscal Year 2008 Jan. 2, 2009 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, posted a net loss of $3.208 million for the fourth quarter, and net income of $6.332 million for the fiscal year ended September 30, 2008.
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MMK Signs Credit Facility Agreement with Sberbank Dec. 31, 2008 - Savings Bank of the Russian Federation and OAO Magnitogorsk Iron & Steel Works enter nonrenewable 2-year credit facility for RUB 3.0bn to finance construction of MMK’s Plate Mill 5000 complex.
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