KRUPP TO BUILD SOUTH KOREAN STEEL PLANT Fried. Krupp GmbH said its Krupp Industrietechnik GmbH subsidiary has won a 130 mln marks joint order with Samsung Shipbuilding and Heavy Industries Co. Ltd of Seoul for a steel works in Pohang, South Korea. It said the order, awarded by the Pohang Iron and Steel Co. Ltd, involves a works due to go on stream in 1989 producing 250,000 tonnes of non-corrosive quality steels annually. The consortium partners will supply the plant, supervise its construction and advise on product processing, with Krupp providing a 100-tonne capacity arc furnace and a converter for steel refining. The West German company will supply ladles, vehicles, electrical and exhaust cooling apparatus and dust filters. It will also fit out the plant's laboratory. Among other things Krupp said it will provide know-how for all production phases and train the Korean workforce. It said Samsung will take care of the Korean part of the engineering and electrical work, the water treatment and other mechanical equipment, according to Krupp basic engineering. Extruded ingots from the plant will be converted to sheet in an existing hot rolling mill. The sheet will be processed in facilities which are to be erected, Krupp said.