Author: Lalita
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South Korea: POSCO crude steel output up 6% in CY’21 on strong demand
South Korean steel giant POSCO released its CY’21 results on 28 Jan’22. The company’s annual crude steel output and steel sales volumes increased y-o-y in the fiscal year ended Dec’21. Highlights: Crude steel output: Production volumes in Jan-Dec’21 rose by 6.4% to 38.26 million tonnes (mnt) compared to 35.93 mnt in CY’20. The output increased…