Tag: POSCO
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South Korea: POSCO’s 4Q’22 sales drop by 57% amid flood, weak demand
POSCO, an integrated steel manufacturing company, announced its business results for 2022. The company produced 151,000 tonnes (t) of stainless steel during the fourth quarter of last year (October-December 2022), around 57% reduction from the third quarter. A decrease in quarterly production was caused by production cuts in the third quarter as a result of…