19
Apr
06:56
Posco's performance recovers in first quarter
South Korean steelmaker Posco reported a recovering performance in the first quarter from flood damage in the second half of last year.
Posco Holdings released provisional results for Q1, showing consolidated sales of KRW 19.4 trillion ($14.7 billion) and operating profit of KRW 700 billion. Earnings in the energy and construction sectors improved and steel sales also picked up in the reporting period, following the normalisation of the Pohang plant…
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