24
Jul
11:47
Posco announces recovering profit, new energy expansion plan
South Korean steelmaker Posco has announced a recovery in second quarter profits due to active sales, Kallanish learns. Earlier this month, Posco also announced an expansion plan in the new energy sector.
According to Posco's latest financial report, in the second quarter ended 30 June, its net profit was KRW 776 billion ($603.1 million), down about 57% from KRW 1.80 trillion in the same quarter a year earlier. Its sales and operating income reached…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous