17
Jan
12:08
Posco predicts record annual profit
South Korean steel manufacturer Posco has announced a provisional annual operating profit of KRW 2.4 trillion ($2 billion) in Q4 2021, skyrocketing 283.8% year-on-year and setting a historical high since the company’s establishment in 1968, Kallanish learns.
Meanwhile, annual consolidated revenue rose 32.1% to KRW 76.4 trillion. It exceeded the previous high recorded in 2011, at KRW 68.9 trillion.
Posco says it benefited from strong demand and prices last y…
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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