POSCO’s stainless steel plant restart remains uncertain after two safety incidents in November. A suspected gas leak on 20 November halted maintenance activities. Operations had already been suspended for emergency safety inspections following an industrial mishap.
Regulators are assessing the company’s safety-compliance procedures. If the review prolongs downtime at POSCO’s 2 mnt stainless steel facility, supply could tighten further, raising price volatility risks.
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