Pohang
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Business
A visit to Pohang – The City of Steel and Light
POSCO, the South Korea’s first and one of the world’s largest steel-making company is based in coastal city Pohang, also known for its Lighthouses. In 1968, Pohang Iron and Steel Company was founded and its construction commenced in 1970. The devotion of workers was behind the successful completion of country’s…
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East Asia
S. Korea: 017 Pohang earthquake probably caused by geothermal plant
South Korea’s second-most destructive earthquake, which struck the southeastern city of Pohang in 2017, was probably triggered by an experimental geothermal power plant, the government said Wednesday. The government-led teams of experts, from both South Korea and abroad, concluded that a series of earthquakes, reaching a magnitude of 5.4 on…
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