South Korea: POSCO restarts operations at second HR plant of Pohang works

Steel major, POSCO, has restarted operations at second hot-rolling (HR) plant of Pohang works, which was shut for 100 days due to flood damage caused by typhoon Hinnamnor. The plant has an annual production capacity of 5 mnt (33% of Pohang works annual capacity). Furthermore, the company has plans to resume operations at other mills to complete restoration at Pohang works.