Tag: South Korea: POSCO’s steel production
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South Korea: POSCO’s steel production, sales decline 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…