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24 Jul
01:00

Posco sees flat Q2 for tonnages but expects year-on-year improvement for 2014

Korea’s Posco reports that its crude steel output remained flat in the second quarter of 2014 whilst steel products sales tonnage increased slightly supported by exports, the company says in a report seen by Kallanish. The steelmaker still expects to increase both crude steel production and steel product sales year-on-year in 2014. Posco saw crude steel output increase by 4.6% y-on-y to 9.3 million tons in Q2 14, although this was marginally down on th…
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