08
Feb
13:29
Dongkuk returns to profit by diverting from plate
South Korea’s Dongkuk Steel Mill is seeing its restructuring efforts bear fruit, finally returning to profit in 2016. The company was also helped by the commissioning of the CSP slab plant in Brazil, Kallanish notes.
The company turned a net profit of KRW 114.3 billion ($100 million) on a consolidated basis in 2016, after suffering a KRW 224.4 billion loss the previous year. The company managed to boost its operating profit by 32.7% year-on-year to KRW 257…
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Anonymous
Very good overview of the weekly steel market.
Anonymous