Steel Authority of India Limited has signed a strategic agreement with POSCO for technical services at SAIL’s IISCO Steel Plant at Burnpur.

Under the agreement, POSCO will provide technical supervising service, including its know-how relating to operation and maintenance of coke-making, iron and steelmaking, continuous casting process, cold dust injection (CDI) operations and wire-rod mills.

This agreement is the result of an earlier MoU on technical collaboration for operational improvement and human resource development which SAIL and POSCO entered into in November, 2016.

A SAIL statement said that this will assist in realising benefits from its new plant.