Author: Lalita
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South Korea: POSCO’s crude steel output marginally down in Q2 CY’21
South Korean steel giant POSCO has released its Q2 CY’21 results. Highlights: Crude steel production decreased by 1.1% q-o-q to 9.44 mn t due to maintenance at Pohang and Gwangyang works. Finished steel production up 1.1% to 9.01 mn t. Steel sales at 9 mn t, up 2.2% q-o-q and 16% y-o-y due to high…