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Mexico City,- After it started operating last June and being formally inaugurated in August, Pohang Iron and Steel Company (POSCO) plant, located in Altamira Industrial Park in Tamaulipas, will foster trade activities in this Port, because its production will be exported to the USA, Europe and South America.

Per information provided by Altamira Integral Ports Administration, export activities by this steel company will directly participate in the increase in general cargo handled at the port, in addition to contributing to the arrival of more ships.

For the time being, POSCO Plant will close 2009 with the production of 110 thousand tons of galvanized steel sheets and will reach maximum production in 2011, namely 400 thousand tons of steel per year.