Author: Lalita
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India: POSCO Maharashtra reports 2.6% rise in steel sales
POSCO’s India arm in Maharashtra posted an increase of 2.6% in steel sales to 349,000 t in Q2 CY’21 compared to 340,000 t in the first quarter. Profits rose as sales prices edged up due to pricing negotiation with major automakers. POSCO Maharashtra’s operating profit in Q2 CY’21 increased to $62 million.