| 1 | The latest hurdle is an Environment Ministry report due this month on the impact of the Posco project. | |
| 2 | UBS said in a report last month that its top picks included POSCO. China's largest export destination is Korea, with 23 percent of Chinese exports going to Korea. | |
| 3 | India is very important because it has the best growth potential after China for steel demand and Posco can also source iron ore and raw materials there. | |
| 4 | Posco, a major exporter, has long wanted a presence in China but has been concerned that its patented technology would be adopted by Chinese competitors. | |
| 5 | But he added its quarterly earnings could improve if POSCO delays a cut in sheet product prices after an expected decline in raw material costs later. |
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