20
Apr
12:33
Posco’s Indonesian venture drags on overseas results
South Korea’s Posco saw its overseas subsidiaries report better results in the first quarter of 2017, but they are still underperforming the core South Korean steelworks. Units in Indonesia and Vietnam continue to post losses, Kallanish notes.
In China ZPSS, a stainless steel cold rolling plant in eastern Jiangsu province’s Zhangjiagang city, saw one of the better results. Operating profit increase to KRW 52 billion ($45.7 million) in Q1, up from KRW…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous