14
Aug
15:27
Korea's Dongkuk turns a profit
South Korea’s Dongkuk Steel has reported a net profit for the June quarter, putting the mill into recovery mode after years of troubles. A chunk of that profit is also coming from sales into the US from Brazil, Kallanish notes.
In the June quarter it reported a net profit of KRW 20.6 billion ($16.93 million), up from a KRW 190.2 billion loss a year earlier. Over the first half of 2019, its net profit was KRW 21.3 billion, up from a loss of K…
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Anonymous
Very good overview of the weekly steel market.
Anonymous