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Korea Line signs US$623.3m long-term contract with POSCO

July 6, 2016 - 17:12 By 황유미
[DISCLOSURE] Korea Line Corporation (005880) announced on July 6 that it has signed a long-term contract worth 721.1 billion won (US$623.2 million) with POSCO (005490) for transportation of raw materials. This amounts to 135.62 percent of its recent revenue.