20
Nov
05:48
Posco Thainox returns to profit in second quarter
Thailand's Posco-Thainox Public Company Limited (INOX) saw lower sales volumes of cold rolled stainless steel products in the second quarter of 2019. The company made a profit however after recording a loss in Q1, Kallanish notes.
During Q2, ending in 30 June 2019, INOX sold 58,738 tonnes of stainless steel products, dropping a little compared to 58,748t in the first quarter. It earned operating revenue of THB 3.7 billion ($122.56 million), lo…
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Anonymous
Very good overview of the weekly steel market.
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