27
Sep
13:03
Posco cuts 100,000t stainless steel output
South Korean steel producer Posco says that the economic slowdown has hit the stainless market, and it will cut output by 100,000 tonnes from September to the end of the year.
Flooding from the recent typhoon submerged its Pohang plant, and its stainless steel production lines could not resume full normal production until the end of December. However, because stainless steel products have strong corrosion resistance, and most of the remaining work i…
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Anonymous
Very good overview of the weekly steel market.
Anonymous