28
Apr
05:32
Posco turns to profits in Q1
South Korean steelmaker Posco has reported a 1% on-quarter recovery in sales in the first quarter of 2023, and reported an operating profit, recovering from the operating loss in the December quarter of 2022.
In the reporting period, Posco Holdings' consolidated sales were KRW 19.38 trillion ($14.5 billion) and operating profit was KRW 704.7 billion, which dropped by 8.9% and 69.6% from the same period of 2022. The steelmaker has recovered from …
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Anonymous
Very good overview of the weekly steel market.
Anonymous