22
Sep
13:00
Posco shifts production to overseas subsidiaries
South Korean steelmaker Posco is trying to stabilise domestic steel supply by shifting production to overseas production bases.
Typhoon Hinnamnor hit Posco's Pohang plant in early September, with the site now in the process of overhauling equipment and expected to resume full production in December.
Some equipment has already resumed production at Pohang, while the remainder of production has been transferred to the Gwangyang steel plant. Posc…
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Anonymous
Very good overview of the weekly steel market.
Anonymous