POSCO not yet found site of Vietnam steel mill

SEOUL, Nov 12 (Reuters) - POSCO Co Ltd (005490.KS), the woeld's No.4 steelmaker, said it has not yet found a suitable site to build a steel mill in Vietnam after its earlier proposal to build a plant in Van Phong Bay was rejected.

The Vietnamese government had asked the South Korean steel company to pick annother area, citing environmental reasons and other projects. [ID:nSP334329]

"We have been studying other sites, but have not yet chosen a location," POSCO told the Korea Exchange in a filing. (Reporting by Kim Yeon-hee; Editing by Chris Lewis)