Tag: sales declines y-o-y in Q2CY’24

South Korean steel giant, POSCO, released its second quarter of calendar year 2024 (Q2CY’24) results. The company’s annual crude steel production and sales volume showed downtrend y-o-y. The company’s production and sales dipped due to Blast Furnace (BF) refurbishment, yet operating profit (OP) climbed due to higher mill margins. Infra and construction revenue soared, fuelled…