Which large steelmaker, founded in 1968 under Park Chung-hee and based in Pohang, helped power industrialisation?
Answer and explanation
Correct answer: B. POSCO, formerly the Pohang Iron and Steel Company
- Step 1: The government built a steel works in a port city on the east coast. Step 2. Its first blast furnace began operations in 1973. Answer: POSCO, formerly the Pohang Iron and Steel Company. Why not the others: The other companies are based in other cities.
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