26
Oct
12:00
Posco sets record high quarterly profit
South Korea's Posco on Monday reported a record high for its quarterly net profit in the third quarter of 2021, as a result of the global steel price boom, Kallanish notes from the company’s exchange releases.
Quarterly net profit came to KRW 2.63 trillion ($2.26 billion), rising 45.3% from Q2 2021 and jumping by 415.69% from Q3 last year. Cumulative profit up to September this year thus was boosted to KRW 5.58 trillion, which was more than five tim…
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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