Ecuador, Quito: LS Industrial Systems Co. (LSIS), a South Korean electric power systems provider, has won a $9.1 million order to build a 230 kV substation, with power transformers and associated electrical equipment, in Portoviejo, a western costal city in Ecuador.
China, Beijing: China’s Ministry of Commerce says it has imposed anti-dumping duties on steel imports from Japan, South Korea and the European Union.
South Korea: South Korea’s trading firm Daewoo International Corp. signed a memorandum of understanding with the Egyptian government on electric power transmission and distribution procurement for $200 million.
China, Beijing: China Steel Corp, the nation’s largest steelmaker announced that it was preparing to lodge anti-dumping lawsuits against Chinese and South Korean peers to protect its interests.
South Korea, Seoul: LS Industrial Systems (LSIS), a Korean electrical equipment producer, has won a $147 million contract as part of the Bismayah New City Project (BNCP) to build electricity infrastructure in Iraq. This is the largest-ever overseas deal worth US (161.2 billion won) for the company.
South Korea, Seoul: Hyosung Corporation, a Korea-based industrial conglomerate and transformer manufacturer will participate in the Grid Tech 2015 exhibition in its efforts to attract new clients in the Indian and the wider Asian market.
France, Levallois-Perret: Alstom Grid has successfully energised the second HVDC turnkey project in South Korea, following the first in 1997. The project awarded in 2009 establishes a 400 MW HVDC bi-directional transmission line between Jindo and the island of Jeju.